Headlines

Dubai's main investment fund seeks debt payment delay

Dubai's main investment fund seeks debt payment delay The government-owned investment company behind Dubai's rapid development drive has asked its creditors for a six-month delay on repaying its debts.

Canada home prices may rise 10 pct in 2010

Canada home prices may rise 10 pct in 2010 Canadian home-resale prices are likely rise in 2010 at an even faster pace than this year but a dangerous bubble probably won't develop, TD Economics said in study published on Tuesday

Gold price above VND 27 million per tael again

Gold price above VND 27 million per tael again At 11 am today, SJC gold prices listed by the Saigon Jewelry Holding Company in Ho Chi Minh City were put at VND 26.85 million a tael for buying and VND 27.15 million a tael for selling.

Banks unanimously offer ‘three nines’ interest rate

Banks unanimously offer ‘three nines’ interest rate A curious phenomenon can be seen at commercial banks – the 9.99 percent interest rate for all kinds of deposits.

Canada home resales hit record high in October

Canada home resales hit record high in October Sales of existing homes in Canada rose to a record monthly high in October due to record low interest rates and upbeat consumer confidence, prompting the Canadian Real Estate Association to boost its sales forecast for the year.