A frustrating afternoon full of U.S-China trade head fakes bewildered the financial community on Thursday.
Anyone fearing a Brexit-induced house-market crash in the U.K. would do well to remember one simple fact: the country isn’t even close to keeping up with demand for new homes.
Stocks in Indonesia and the Philippines rose to become Asia’s best performers Friday on optimism interest-rate hikes by both nations’ central banks would help steady currencies, curb inflation and lure back overseas investors.
Country Garden Holdings Co., China’s biggest developer by sales, is planning to raise at least $1 billion in a convertible bond sale, according to people with knowledge of the matter.
Hong Kong’s economic growth is expected to have continued slowing last quarter, as the U.S.-China trade dispute and the deceleration on the mainland worsen the outlook for the trade-dependent economy.
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