Headlines

Gold edges up slightly as low price lures customers

Gold edges up slightly as low price lures customers Gold rose by VND100,000 a tael from yesterday’s closing price on December 11 as the global price changed slightly and investors waited for new information.

State owned banks limited to deposit interest rate no higher than 10.5%

State owned banks limited to deposit interest rate no higher than 10.5% State owned commercial banks have come to an agreement that deposit interest rates will not be higher than 10.5 percent, a move hoped to help prevent a new interest rate race.

US new home sales plunge in November

US new home sales plunge in November Sales of new homes in the US plunged in November, casting fresh doubts on the recovery in the housing market.

New Zealand house values up 1pc in last year: QV

New Zealand house values up 1pc in last year: QV House values rose 1 per cent in the 12 months ended November 30, up from a 0.20 per cent gain in the period through October, according to QV Valuations.

Chinese businessmen hit by Dubai property crunch

Chinese businessmen hit by Dubai property crunch When many mega-constructions, including the world's tallest building Dubai Tower, kept on rising from the sands in the Middle East, Chinese investors' confidence had been sky high on Dubai property market as well.