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More Singaporeans manage debt better but retirement plans on backburner: OCBC survey

The OCBC Financial Wellness Index shows Singaporeans managing debt better but delaying planning for retirement. Find out why. ....

More Singaporeans , Wellness Index , Saving Habits , Financial Emergencies , Regular Investing , Retirement Planning , Regular Reviews , Gambling Habits , Excessive Speculation , Borrowing Money , Spending Beyond Means , Group Wealth Management Tan Siew Lee , Retirement Plans , Unsecured Debt ,

China Targets 'Speculators and Hoarders' to Stop Commodity Boom

(Bloomberg) China intensified its weeks-long campaign to cool a raw-materials boom, pledging severe punishment for violations ranging from excessive speculation to spreading fake news.The government will show “zero tolerance” for monopolies in spot and futures markets, and for speculation and hoarding, the National Development and Reform Commission said in a statement after leaders of top metals producers were called to a meeting on Sunday. China’s strengthening push to rein in surging prices rippled across its markets, with aluminum falling, steel dropping more than 5% and iron ore almost tumbling by the daily limit.“With policy risk shifting toward government intervention, prices will surely be affected by market sentiment,” Li Ye, analyst at Shenyin Wanguo Futures Co., said by phone from Shanghai. “The rapid surge in commodity prices have badly affected manufacturers and market orders, leading to losses and defaults.”Commodities hav ....

Steel Prices , Raw Materials , Excessive Speculation , National Development And Reform Commission , Government Intervention , Commodity Prices , Futures Markets ,