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HONG KONG, June 27/Xinhua-PRNewswire/ --
Bank lending to ease further in Singapore
Data on bank lending in Singapore is due out on Monday 30th. This should confirm that the pace of lending growth has continued to slacken as a result of greater uncertainty regarding the broader economic outlook.
Rising inflationary pressures are forcing the authorities to adopt a stronger Singapore dollar (its main monetary policy tool) at a time when the global climate is weakening.
July ECB move will not deal knock out blow to house prices
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