The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Private home sales in Singapore - one of the world's most expensive property markets - fell more than 80 percent on year in December as the government's cooling measures began to take effect.
According to the Urban Redevelopment Authority, only 259 units were sold last month in the Southeast island nation of Singapore, a sharp fall from the 1,410 sold a year earlier, recent data showed.
(Read more: Is Singapore set for an Icelandic-style crash?)
The dramatic decline in sales suggests the government's seven rounds of cooling measures are starting to pay off, as developers invest in fewer major projects and buyers face borrowing restrictions.
(Read more: When will Singapore roll back property curbs?)
Singapore, along with several other Asian countries, has been concerned about how the effect of low global interest rates and high levels of liquidity have impacted its property market, which has seen prices rise over 60 percent since 2009. Thus, authorities enacted measures to prevent the formation of a bubble.
One of its most recent measures introduced rules to ensure that a buyer's monthly payments do not exceed 60 percent of their income, enforced in June last year, a move designed to ensure buyers are not caught out by a spike in interest rates.
(Read more: Singapore's economy hits a bump in fourth quarter)
Prices have remained resilient despite the measures, although in recent times there have been some signs that the policies are having an effect.
Last week, data showed that private home prices in the city-state registered their first drop in seven quarters in the October-December period, falling 0.8 percent on-quarter. Meanwhile, developer sales fell 30 percent to 14,678 units in the first eleven months of 2013, from the 20,880 units sold in the same period a year earlier.
"Not withstanding December being a generally slow month due to the holiday season, the dismal sale of only 259 private residential units by developers also reflects a highly cautious mood in the market," said Ong Teck Hui, national director of research & consultancy at real estate services firm Jones Lang LaSalle.
"This is in stark contrast to the 1,410 private homes sold in December 2012 when developers and buyers remained confident and active in spite of the holiday month," he added.
(Read more: Singapore's real-estate trusts fall out of favor)
Ong told CNBC the sharp decline was due to an absence of fresh launches by developers in December, while buyers stayed on the side lines awaiting new launches at better prices, and gave previous launches under the old price regime a miss.
Analysts told CNBC the impact of the new rule in June last year, which means buyers can't make payments beyond 60 percent of their income - the TDSR - is starkly evident when last year's sales are evaluated. The number of residential unit sales plunged to 5,065 in the second half of the year from 9,950 in the first half, according to URA data.
"The cooling measures in place, particularly the TDSR, will continue to impact demand in 2014," added Ong, adding that he expected private home sales to total between 10,000 and 12,000 in 2014.
"Having sprinted for the first half of the year, developers took a breather in December to allow the dust of the TDSR to settle and took the opportunity to gear up for the new year," said Desmond Sim of Singapore-based CBRE Research.
"In the absence of major new launches, the few buyers who made purchases bought from existing stock. The December numbers are clearly the result of a function of supply," he added.
— By CNBC's Katie Holliday: Follow her on Twitter