The latest survey by China’s National Bureau of Statistics indicated that average home prices in 70 Chinese cities were unchanged in June from May. That ended eight straight months of ... Read Full Story »
Real estate values have begun to drop sharply in China. Some economists may argue that this will undermine the central government’s plan to stage a “soft landing” in which GDP ... Read Full Story »
The Chinese government raised the level of the minimum down payment that its citizens must have on second homes to 60% from 50%. The People's Republic authorities also said the ... Read Full Story »
Microsoft's (NASDAQ: MSFT) earnings will be hurt by slowing PC sales .(Reuters) Fannie Mae and Freddie Mac want to cut the dividend on their preferred shares. The money goes to ... Read Full Story »