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China’s new home price growth hits 2-year high

China’s new home price growth hits 2-year high

China’s new home prices accelerated at their fastest pace in almost two years in July, led by smaller cities and highlighting challenges policymakers face in stimulating a slowing economy without fuelling a property bubble.

Europe markets fall as strong dollar dents commodities

Europe markets fall as strong dollar dents commodities

Stock markets fell sharply yesterday, with commodities-linked assets hit by dollar strength, while the lira recovered despite Turkish-US tensions ratcheting higher.

Threat of contagion in EMs deepens commodity risk

Threat of contagion in EMs deepens commodity risk

When Thailand devalued its currency two decades ago, few in global commodity markets took note. Within a year, the crisis morphed into an emerging-market rout that eviscerated the price of everything from crude oil to copper.

Samsung Note 9 versus iPhone X: Big battle of the $1,000 phones

Samsung Note 9 versus iPhone X: Big battle of the $1,000 phones

Samsung Electronics Co has unveiled the Galaxy Note 9 in New York, the latest iteration of a series of devices that ushered in the ‘phablet,’ which are between the size of a phone and tablet.

Indonesia increases rates, to defend beleaguered currency

Indonesia increases rates, to defend beleaguered currency

Indonesia’s central bank stepped up its battle to defend a beleaguered currency yesterday, raising interest rates for the fourth time since mid-May on top of government import curbs as Turkey’s financial crisis ripples across emerging markets.

Blackstone in talks for stake in India’s Jet Airways loyalty arm

Blackstone in talks for stake in India’s Jet Airways loyalty arm

Blackstone Group LP is in talks to buy a stake in the loyalty programme of Jet Airways India Ltd, the troubled Indian carrier that’s exploring options to raise cash, people with knowledge of the matter said.

German economy picks up more than expected in Q2

German economy picks up more than expected in Q2

Q2 GDP 0.5% q/q; stronger than expected 0.4%; Q1 GDP growth revised up to 0.4%; domestic demand main growth driver; inflation above 2% in July

US retail sales rise solidly; productivity accelerates

US retail sales rise solidly; productivity accelerates

Retail sales increase 0.5% in July; core retail sales gain 0.5%; June revised down; productivity rises at 2.9% rate in second quarter

Qatar scores high in government effectiveness

Qatar scores high in government effectiveness

Qatar has "relatively high scores" in government effectiveness, political stability, and regulatory quality, according to a report jointly prepared by the World Bank Group and the World Economic Forum.

Turkey hikes tariffs on imports of several US products

Turkey hikes tariffs on imports of several US products

The move comes after US President Donald Trump announced that the United States was doubling steel and aluminium tariffs on Turkey.

Erdogan: Turkey will boycott US electronics; lira steadies

Erdogan: Turkey will boycott US electronics; lira steadies

President Recep Tayyip Erdogan said yesterday Turkey would boycott electronic products from the US, retaliating in a row with Washington that helped drive the lira to record lows.

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