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SINGAPORE, Singapore (AFP) — A top Singapore bank said Thursday it has suspended loans to anyone wanting to buy property in London, citing uncertainty from Britain’s vote to quit the EU but dealing a blow to investors looking to make the most of the weak pound. United Overseas Bank (UOB), one of the city-state’s three homegrown lenders, said it was monitoring the market closely to determine when the loans would resume. “We will temporarily stop […]
WASHINGTON, United States (AFP) — US Secretary of State John Kerry said on Tuesday that Britain’s vote to leave the European Union might never be implemented and that London is in no hurry to go. Speaking one day after talks with Prime Minister David Cameron, Kerry said the outgoing British leader feels “powerless” to negotiate a departure he does not want. “This is a very complicated divorce,” Kerry told the Aspen Ideas Festival, referring to […]
