Headlines

As lending interest reaches new heights, some firms borrow from employees

As lending interest reaches new heights, some firms borrow from employees Not quite a month since the State Bank freed banks to charge a negotiated rate on medium and short term lending, those rates have risen to the 18-20 percent per annum range.

Land prices smash records in Beijing property frenzy

Land prices smash records in Beijing property frenzy Two land sales in Beijing have shattered price records and both buyers were state-owned companies, sparking outrage and astonishment at the city's frothy property market.

Canada home resales cool for 2nd straight month

Canada home resales cool for 2nd straight month Sales of existing homes in Canada dipped for a second straight month in February, but remained high on a year-over-year basis, as the market may be moving into more balanced conditions, data showed on Monday.

Property prices in UK’s most expensive street soar

Property prices in UK’s most expensive street soar The average cost of a property in the most expensive street in England and Wales has soared by £300,000 during the past year, according to new research.

Gold slides as investors take profits

Gold slides as investors take profits The price of gold in Vietnam slid VND100,000 a tael on March 9 over the previous day as global prices declined due to investors’ profit-taking.