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Posted on September 5, 2023

Korea’s Inflation Speeds Up, Keeping Door Open to Rate Hike

South Korea’s inflation outstripped forecasts in August partly on the back of higher energy costs, reinforcing the case for the central bank to keep the door open to further policy tightening to rein …

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Posted on September 5, 2023

Central Pattana, a leading Thai property developer, has secured the Gold Awards at the “HR Excellence Awards 2023”

Central Pattana Public Company Limited has further established its leadership in the Thai real estate industry after clinching the prestigious Gold Awards for Excellence in HR Change Management at the …

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Posted on September 5, 2023

FPIT: Transforming Thailand’s Industrial Landscape

Among ASEAN nations, Thailand stands out as an attractive manufacturing base for both Thai and foreign investors, offering ready infrastructure, logistics connectivity, and prime locations to meet …

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Posted on September 5, 2023

Philippines luxury estate inspired by Banaue Rice Terraces poses risk to environment, say urban planners

A 200-hectare residential property built into a mountainside in Cebu City is being touted as sustainable, but urban planners say the concept may cause landslides and flooding.

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Posted on September 5, 2023

Property ownership clause for permanent resident status in J&K was ‘very odd’, says Supreme Court

This was after a lawyer said that Hindu and Sikh families forced to flee Pakistan-occupied Kashmir were being denied benefits given to other displaced citizens.

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Posted on September 5, 2023

Stock market today: Asian shares fall back amid selling of China property shares

Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. U.S. futures also were lower and oil prices were mixed. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry.

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Posted on September 5, 2023

China property support moves spur buying spree in Beijing and Shanghai, but concerns swirl demand may not be sustained

China’s package of relief measures to support the property sector triggered a home-buying spree over the weekend as hundreds of families in Beijing and Shanghai took advantage of lower down payments and mortgage rates.

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Posted on September 5, 2023

Never mind deflation and the property crisis – a brain drain could be the next big threat to China’s economy

Net emigration has jumped in recent years, with tens of thousands of wealthy people choosing to leave China.

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Posted on September 5, 2023

China property stocks rally as better news challenges record media negativity.

When sentiment towards a market is resolutely negative, any positive news can more easily deliver a bounce as traders feel forced to shift positions. A revival on Monday in China’s property sector, which triggered a broad Asia rally,

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Posted on September 4, 2023

Hong Kong stocks lead gains in Asia; Australia and China data closely watched this week

Asian markets will be watching the Reserve Bank of Australia’s rate decision, as well as China’s inflation data later this week.

( read original story …)



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