China to Nurture Stock Rally by Masking Live Foreign Flows Data
China is set to switch off a live feed of foreign flows for stocks as early as Monday, the latest policy move to shore up confidence by removing a potential source of negative data.
Latest Videos
The information you requested is not available at this time, please check back again soon.
China is set to switch off a live feed of foreign flows for stocks as early as Monday, the latest policy move to shore up confidence by removing a potential source of negative data.
Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of upside surprises.
Rising housing costs and stubbornly high inflation are battering many consumers and the hit to their wallets is now hurting America’s low-cost restaurants.
China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak demand.
Startup Kelvin has a solution to make radiators more efficient and New York apartments less sauna-like.
Sep 8, 2016
Reuters
,OTTAWA - Canadian new housing prices rose more than expected in July, climbing 0.4 per cent from June on continued strength in the hot market of Toronto, Statistics Canada data indicated on Thursday.
The monthly increase, the 16th in a row, was greater than the 0.2 per cent advance forecast by analysts in a Reuters poll.
Prices in the combined Toronto-Oshawa region, which accounts for 27.92 per cent of the Canadian market, rose by 1.0 per cent. Builders cited market conditions and prices on new listings as reasons for the increase.
Prices in Vancouver, another booming market, climbed 0.6 per cent. The rapid rise in prices in the two major cities have raised concerns that their markets are becoming overheated.
The new housing price index excludes apartments and condominiums, which the government says are a particular cause for worry and which account for one-third of new housing.