Morning business news round-up for Aug 11, 2014

SINGAPORE - Catch up on the morning's top business headlines in Singapore with The Straits Times Money Desk's daily update.

1. Singapore private home resale prices plumb 21-month low in July. Rents also fell to a 38-month low amidst greater competition for tenants.

2. Overseas projects boost Frasers Centrepoint's core Q3 earnings. This climb came on the back of project completions in China, the sale of completed units in Australia and Britain, and the divestment of Changi City Point to Frasers Centrepoint Trust, the developer said on Monday.

3. KrisEnergy acquires Chevron unit to raise stake in Cambodia block. Chevron Cambodia holds a 30 per cent participating interest in Cambodia Block A, which it also operates.