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Finance & Markets

China Property Moves to Fuel 30% Hit to Land Sales, Goldman Says

China’s recent overhaul of the way homes are sold will exacerbate already stretched local government finances, fueling a 30% drop in land sale revenues, Goldman Sachs Group Inc. economists said.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Japanese Market Sharply Higher

(RTTNews) - The Japanese stock market is sharply higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday.

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