Indian real estate 'ready to take off'

Indian real estate 'ready to take off'

The Narendra Modi government's clean-up of the real estate market shows signs of success and the industry in India is "ready to take off", according to the Economist.

Losers in the New World Order

Losers in the New World Order

The huge subsidy packages of the US and Europe are threatening globalization, making smaller economies, even the UK or Singapore, lose out, according to the WSJ.

Chinese banks actively sell USD to save the local currency

Chinese banks actively sell USD to save the local currency

Reuters reported that China's state-owned banks are actively selling US dollars to buy yuan in both domestic and international markets. "It's become normal for state-owned banks to sell dollars to slow down the yuan's decline," a Shanghai-based trader told Reuters. .



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