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Home prices in the US climbed to a record high as the market bounces back.
SBB, the landlord at the center of Sweden’s property crisis, will deploy roughly half of a cash lifeline to repay upcoming debt maturities, according to comments by rating firm Standard & Poor’s.
Florida’s strong building codes have moderated damage from hurricanes, a Swiss Re analysis finds, but that benefit is eclipsed by population growth that puts more property in harm’s way.
Emerging-market stocks fell to the lowest level since March as a strengthening dollar and elevated US yields damped investor appetite for riskier assets.
The turmoil in Vietnam’s property sector continues, with creditors embroiled in a dispute with developer Novaland Investment Group Corp. after it failed to pay interest on a $300 million bond.
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