Daily Briefing: Keppel flags concern on balance sheet; Are people buying homes because of bad economy?

10 weird items you can buy on Amazon Prime Now.

From the Motley Fool Singapore: Chief executive officer, Loh Chin Hua said, “It is true that our gearing has crept up compared to prior years. But you can also see in the recent quarters that it has also stabilised.” On 30 June 2016, the net gearing ratio was 0.62x. At the end of 2016, the ratio was 0.56x. In the latest quarter, Keppel Corporation’s net gearing was 0.58x. Loh added: “We still have quite good head room. Our goal has always been to make sure we have an institutional quality balance sheet. That is still very much at the top of our minds.

From PropertyGuru: Aside from the belief that the property market is bottoming out, the city-state’s uncertain economy has seen investors turning to residential property. “This may sound counter-intuitive, (but) people are buying because the economy is bad,” said Savills Research Head Alan Cheong. “People are buying now because they have lost a little bit of faith in what are alternative investments, and so they are putting their faith in brick and mortar.”

From e27.co: Amazon Prime Now arrived in Singapore with such fanfare that the demand far outstripped the company’s ability to deliver. As of now, it’s practically impossible to get delivery. But, assuming the excitement dies down or Amazon increases its resources, let’s have some fun with the weird, funny and baller items we can buy on Amazon.