Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
Category: Economic Conditions and Trends
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Worried About War’s Impact, Bond Investors Push Rates to Highest Level Since 2007
The 30-year U.S. Treasury yield hasn’t been this high since the lead up to the global financial crisis. Across Europe and Asia, yields are also elevated.
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The Iran War Is Crippling One of the World’s Wealthiest Nations
Iranian attacks have paralyzed Qatar’s vital gas exports and are stalling the tourism and business pivots that were intended to anchor its future growth.
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Oil Prices Rise as Trump Meets China’s Xi
The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to end the war.
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Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples
The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
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Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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China’s Exports and Imports Set Records in April Amid High Energy Costs
The country’s exports surged and its trade surplus with the United States widened ahead of President Trump’s scheduled visit next week to Beijing.
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Europeans Prepare for a More Dangerous World in a Time of Economic Upheaval
A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.
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The World’s Central Banks Are Wrestling With a Gigantic Problem
Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
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Why Countries Are Stocking Up on Gold
As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.