Residential buildings are seen in Beijing, China. Reuters/ File
China’s new home prices rose in July as the property sector held up as one of the few bright spots in the slowing economy, although easing momentum in some markets took immediate pressure off regulators
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
General Motors (GM) and Ford Motor announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the US automakers were hit by a slowing economy amid the Sino-US trade war.
New home prices in China grew slightly faster in March after growth slowed the previous month, putting a floor under the cooling market, as Beijing rolled out stimulus to boost the economy. The housing sector’s solid growth could cushion the impact of a vigorous multi-year government crackdown
The UAE government and the World Economic Forum (WEF) (Davos 2022) have announced the signing of a sustainable global strategic partnership agreement that ushers in a new era of continuous, fruitful bilateral cooperation over the past two decades.
Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council, in the presence of Sheikh Abdullah Bin Salem Bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy
Dubai Chamber of Digital Economy – one of the chambers operating under Dubai Chambers – recently held a meeting with Equiti Group at its headquarters, which aimed to explore new ways to boost the growth of digital economy sectors.
The German economy grew slightly in the first quarter from the previous one, data showed, with higher investments offset by the twin impacts of war in Ukraine and COVID-19 that experts predicted would weigh more heavily in the three months to June.