The board reports 2,443 residential sales last month, a 17.6 per cent year-over-year increase -- but still 21.9 per cent below the 10-year sales average for June.
Investors in India may turn to dividend-yielding stocks or physical assets such as gold and property as excess liquidity drives real interest rates into a negative zone for the first time since 2013, according to Jefferies India Pvt.
Singaporeans will cast their ballots on July 10 with the People’s Action Party seeking to continue its unbroken stint in power since independence in 1965. Prime Minister Lee Hsien Loong is seeking a renewed mandate to govern amid the coronavirus pandemic that has pummeled the country’s economy.
Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get you through to the weekend:
Equinox Holdings Inc., the luxury gym operator and majority owner of SoulCycle Inc., furloughed thousands of employees in regions where it’s forced to keep locations shut, some with no immediate guidelines for reopening in the wake of the Covid-19 pandemic, according to people familiar with the matter.
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