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  • November 28, 2014
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  1. Business - Economy - ECONOMY

    US surprises as third quarter GDP growth hits 3.9pc

    Posted Nov 26th 2014, 05:09am by Reuters, AP

    ... as restocking. However, a separate report indicated softness in the housing sector, with home prices rising in September at the slowest pace in more than two years. Still, observers are heartened ... accounting for the bulk of the revision. For the housing sector, the Standard & Poor's/Case-Shiller 20-city home price index rose 4.9 per cent in September from a year earlier, down from 5.6 ...

  2. Business - Economy - ECONOMY

    China takes step forward in interest rate reform

    Posted Nov 25th 2014, 05:23am by Victoria Ruan

    ... economist Richard Iley said that despite the latest stimulus, the economy would continue to languish for some time, with the main risk coming from the property sector. "An excess housing supply ...

  3. Business - Economy - ECONOMY

    China's surprise rate cut fuels hopes for more easing

    Posted Nov 24th 2014, 04:03am by Peggy Sito, Bloomberg, Reuters

    ... in September. David Hong, the head of research at data provider China Real Estate Information Corp, said: "The housing sector would benefit as end users will be encouraged to enter the market amid ...

  4. Business - Economy - ECONOMY

    Global economy at risk from Asian slowdown and European stagnation

    Posted Nov 19th 2014, 04:27am by THE WASHINGTON POST

    ... and the fiscal hawks have tanked the economy." In response, Abe told leaders of his party that he would dissolve the lower house of Japan's parliament and call a snap election for December, ...

  5. Business - Economy - ECONOMY

    More signs of mainland growth momentum slowing

    Posted Nov 03rd 2014, 09:55am by Reuters

    ... Reuters in Beijing Growth target of 7.5 per cent at risk as export demand softens and housing market cools Indicators show mainland losing further momentum The mainland economy lost ... to concerns that many companies were being starved of credit as banks grew more reluctant to lend. And measures announced in September to shore up the slumping housing market so far do not seem ...

  6. Business - Economy - ECONOMY

    China GDP forecast to hit 24-year low of 7.4pc

    Posted Nov 03rd 2014, 04:19am by Victoria Ruan

    ... product growth of 7.3 per cent in the fourth quarter, unchanged from the third, as policies rolled out to boost infrastructure, social-housing construction and home purchases would offset the drag ...

  7. Business - Economy - ECONOMY

    China flash HSBC PMI edges up but factory output at 5-month low

    Posted Oct 23rd 2014, 10:55am by Reuters

    ... released. A sagging housing market, sluggish domestic demand and erratic exports have dampened Chinese activity this year. While exports have recently shown signs of picking up, the property market ...

  8. Business - Economy - ECONOMY

    China economic growth drops to five-year low of 7.3pc

    Posted Oct 21st 2014, 10:54am by Victoria Ruan

    ... eschewing a repeat of the 4 trillion yuan stimulus injected into the economy in 2009, which economists largely blame for inflating the housing bubble Beijing has battled since. Measures introduced ...

  9. Business - Economy - ECONOMY

    Australia worries about two housing markets: its own and China's

    Posted Oct 01st 2014, 04:18am by Reuters

    ... Reuters in Sydney Economy at risk as Chinese property slowdown hurts demand for biggest export earner iron ore Australia faces hot and cold housing markets Australian policymakers have two housing markets to worry about, and it is a toss-up which carries the most risk. One is too cold, the other too hot. One they cannot do anything about as it is in China, the other is a home-grown ...

  10. Property - International - ECONOMY

    Hong Kong investors to turn Cadbury's Birmingham HQ into flats

    Posted Oct 11th 2014, 03:18am by JING YANG

    ... Kong-based Headland Developments and Birmingham-based Court Collaboration have formed a joint venture representing the investors to convert the 74,000 sq ft Franklin House in Birmingham into 96 one- ...




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