Here are today's top trending stories:
Developer profit margins fall significantly: study
Profit margins of new leasehold condominium launches in 2014 have fallen by more than 50 per cent from 2013 and 2012, according to a Knight Frank study reported in the media. In 2012, developers posted an average minimum margin of 14.4 per cent, while the average maximum margin stood at 22.2 per cent.
By 2013, the margins were between 15.6 per cent and 22.5 per cent, but this year the margins have fallen to 5.0 per cent and 10.3 per cent.
https://sg.finance.yahoo.com/news/developer-profit-margins-fall-significantly-study-041946293--sector.html
Switzerland, Singapore, US top economic rankings
Helicopters fly past with a Singapore flag during Singapore's 49th National Day Parade at the floating platform …
The United States' competitiveness among global economies has risen to the No. 3 spot behind Switzerland and Singapore in rankings published annually by the World Economic Forum.
In its survey released Wednesday, the Forum said the US — the world's largest economy — moved up two spots from fifth position last year, thanks to improvements in its financial markets and public institutions.
Six European countries dominated the top 10: Switzerland, Finland, Germany, the Netherlands, the United Kingdom and Sweden. Aside from the US, the remaining three slots were Asian: Singapore, Japan and Hong Kong.
https://sg.news.yahoo.com/switzerland-singapore-us-top-economic-rankings-100837085.html
Obama says beheading videos won't intimidate US
An image grab taken from a video released by the Islamic State and identified by private terrorism monitor SITE …
President Barack Obama said Wednesday that the United States will not be intimidated by Islamic State militants after the beheading of a second American journalist and will build a coalition to "degrade and destroy" the group.
Obama still did not give a timeline for deciding on a strategy to go after the extremist group's operations in Syria. "It'll take time to roll them back," the president said at a news conference during a visit to Europe.
Obama's comments came after he said the United States had verified the authenticity of a video released Tuesday showing the beheading of freelance reporter Steven Sotloff, two weeks after journalist James Foley was similarly killed.
https://sg.news.yahoo.com/us-says-sotloff-beheading-video-authentic-083130265--politics.html
Dethroned Myanmar beauty queen and pageant officials tussle over tiara
Former Miss Myanmar stripped of her beauty pageant title.
South Korean organisers of the Miss Asia Pacific World pageant threatened to call in the police on Wednesday in their row with dethroned Myanmar beauty queen May Myat Noe, demanding she return a gem-studded tiara from her home country.
Pageant founder Choi Youn accused May Myat Noe of absconding with the tiara, which media have said is worth $100,000 and which she won in South Korea in May, becoming Myanmar's first international beauty queen.
https://sg.news.yahoo.com/dethroned-myanmar-beauty-queen-pageant-officials-tussle-over-083308050.html
LADIES′ CODE′s EunB passes away in tragic car accident with Kwon Rise and Sojung in critical condition
LADIES′ CODE′s EunB Passes Away in Tragic Car Accident with Kwon Rise and Sojung in Critical Condition.
LADIES′ CODE EunB has passed away in a car accident this morning (3 September). Two of her bandmates are in critical condition.
https://sg.entertainment.yahoo.com/news/ladies-code-s-eunb-passes-away-in-tragic-003118553.html
https://sg.news.yahoo.com/blogs/what-is-buzzing/wednesday--sgroundup--singapore-developer-profit-margins-fall-significantly--study-103249056.html
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