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Finance & Markets

Is Chinese property finally recovering?

No. Top-tier cities have better signs, but they’re only 10% of the market. Sales remain terrible. The exit remains jammed. Price woe persists. Inventory is better but still ugly. Completions are sagging, driving commodity demand down. Iron ore is flopping around the $88 mark, adjusted for the $17/t C5 shipping price. The roaches are still The post Is Chinese property finally recovering? appeared…

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

Read the original at macrobusiness.com.au →

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KOSPI Up 1.94% Wednesday

[Economy] : The benchmark Korea Composite Stock Price Index opened 136-point-08 points, or one-point-94 percent, higher Wednesday at seven-thousand-153-point-99.

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