China’s property investment fastest in three-years, land shortage supports values China posted its fastest property investment growth in three years in the first quarter, driven by a surge in land values and as developers grew more confident about the policy outlook, however, sales slowed as existing curbs hit transactions. Property […]
China posts strong growth despite trade concerns China’s economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand and robust property investment. Resilience in the world’s second-largest economy will likely keep a synchronized global recovery on track for a while longer, […]
Factbox: U.S. bans sales to major Chinese telco equipment vendor ZTE The United States has banned American firms from selling parts to China’s ZTE Corp for seven years, a potentially devastating move for the telecoms equipment maker and exacerbating tensions between the world’s two largest economies. TOP SHAREHOLDER ZTE, China’s […]
Sterling and metals shine brightest as risk appetite returns A gradual return of risk appetite lifted world shares on Tuesday, while there were milestones aplenty as sterling hit a post-Brexit high and U.S. sanctions on Russia drove aluminum prices to a 7-year peak. Chinese data that provided a bit of […]
Nestle, retailers nearing compromise in price row: source Swiss food group Nestle (NESN.S) and retailers including German grocer Edeka are approaching a compromise in their months-long price fight but the outcome of talks remains open, a source close to the negotiations said on Tuesday. Edeka, Germany’s largest supermarket group, had […]
Airlines must compensate for delays during wildcat strikes: EU court Airlines have to pay compensation to passengers for delays caused by wildcat strikes that result from management decisions, the European Union’s top court said on Tuesday. Several cases were brought to the EU’s Court of Justice after German airline TUIfly […]
Dana White once banned a fighter for doing less than what Conor McGregor is charged with When Conor McGregor went on a rampage in Brooklyn two weeks ago, Ultimate Fighting Championship president Dana White fumed that it was the “most disgusting” incident in UFC history. The last time White was […]
LeBron James vs. Lance Stephenson: A history of their running feud As NBA beefs go, it doesn’t get any better than LeBron James v. Lance Stephenson. On one side, you have the game’s greatest player, a 6-foot-8, 250-pound force who was deemed “The Chosen One” during his celebrated high school […]
Fantasy baseball sizzlers, fizzlers: Rick Porcello back among ace ranks? On a week with the weird pairing of Income Tax Day and Jackie Robinson Day, what could possibly make things stranger? How about six rainouts and a spate more injuries to confuse and humble the most faithful of fantasy owners? […]
How weather forced the Blue Jays-Royals game in a dome to be postponed After two of their weekend games at Cleveland were postponed due to poor weather, the Toronto Blue Jays returned to their climate-controlled home figuring the roof on Rogers Centre would shield them from the elements. Not so […]