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Housing market bounces back after budget

Estate agents were busier than expected last month, with most selling more homes and receiving more inquiries despite the uncertainty caused by the budget. A number of agents in the latest survey from the Royal Institution of Chartered Surveyors reported…

Low consumer spending in China hinders economy there and abroad

U.S. Treasury Secretary Janet Yellen has joined several independent economists to express her frustration about low consumer spending and the property crisis in China. Some experts have expressed disappointment over Beijing’s limited measures to stimulate consumer spending, which is one…

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