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
India cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low that has led to major job losses and fueled discontent in the countryside.
The 6th Annual Arab Future Cities Summit highlighted the region’s rapid development to become a global leader in smart cities, with Dubai being at the forefront of this transformation.
Amazon.com Chief Executive Officer Jeff Bezos pledged to make the largest US e-commerce company net carbon neutral by 2040 and to buy 100,000 electric delivery vans from a start-up, as employees and consumers