| Blackstone scraps China property deal -paper (Reuters via Yahoo! Malaysia News) |
| HONG KONG, Oct 13 (Reuters) - U.S. private equity firm Blackstone Group has dropped a deal worth about $160 million to buy a commercial building in Shanghai because of worsening market conditions, a newspaper reported on Monday. |
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| China May Move to Revive Sagging Property Market, JPMorgan Says (Bloomberg) |
| Oct. 6 (Bloomberg) -- China may use targeted measures and interest-rate cuts to revive a sagging property market and sustain economic growth, said Jing Ulrich , chairwoman of China equities at JPMorgan Chase & Co. in Hong Kong. |
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| Craig Stephen's This Week in China: Hong Kong seeks to unfreeze money markets (Market Watch) |
| For now, mainland China -- with its closed capital accounts and tightly regulated banking system -- appears to have an easier task in dealing with the global financial crisis than does Hong Kong's freewheeling international financial markets. |
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| China at crossroads as world economy wobbles (Calcutta News) |
| Beijing, Oct 13 (Xinhua) The global credit crisis freezing up the world's finances may be a blessing in disguise for China as it aims to modify its economic structure after three decades of breakneck growth. |
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| (AFX UK Focus) 2008-10-13 05:39 China A-shares end morning sharply lower; resources hit by demand worries UPDATE (Interactive Investor) |
| SHANGHAI (XFN-ASIA) - China A-shares finished the morning session sharply lower as resources stocks slumped on persistent worries that a slowing global economy will reduce demand for raw materials, dealers said. |
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| (AFX UK Focus) 2008-10-13 05:44 China B-shares end morning sharply lower; airlines outperform - UPDATE (Interactive Investor) |
| BEIJING (XFN-ASIA) - China B-shares finished the morning session sharply lower after the government failed to announce fresh support measures, dealers said. |
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| Chinese market ends down, led by property developers (INO News) |
| (RTTNews) - The Chinese market closed lower on Thursday, paring early gains, after the central bank cut interest rates and bank reserve requirements in a bid to ease credit and boost market sentiment. Property developers led the decliners, while banks surrendered some of their early gains. |
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| Dubai property market hits new peaks (Zawya) |
| 12 October 2008 Dubai's developments are reaching dizzying new heights, but how long can the good times last? The blonde goddess in the flowing white dress plucked serenely at her golden harp, oblivious to the teeming flow of humanity around her. |
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| Rescue bid boosts market (The Courier Mail) |
| UPDATE: THE stock market has retained most of this morning's gains after a positive response to the government's $1.2 trillion bank deposits guarantee. |
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| China takes turmoil in its stride (The Australian) |
| HOW does the financial crisis look from the heart of China? Here are a couple of especially illuminating takes. |
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