China's property prices declined again in February

Note: This section contains information in English only.
Source: BBC
The real estate prices in the major China's cities have declined for the fifth month in line, signaling on the success of the policies aimed at tightening property market. The new house prices in 45 out of 70 main cities have decreased last month, reported the NBS. However, the government claims the real estate market is still overpriced and the prudent property policies will be continued.

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Mon, 19 Mar 2012 10:07:23 GMT

US consumer sentiment unexpectedly declined in March

US consumer confidence unexpectedly fell in March as surging crude prices boosted inflation expectations among customers.  The preliminary reading estimated by Thomson Reuters/University of Michigan's fell from 75.3 in February to 74.3 in March. Economists earlier predicted an increase to 76.0. US shares declined on the data.

Mon, 19 Mar 2012 09:42:44 GMT

Dow Jones Industrial Average finishes week with a 2.4% gain

US shares posted modest losses on Friday as consumer confidence fell in February. However, stocks ended whole week into positive territory. S&P 500 index gained 0.11% or 1.57 points and closed at 1,404.17, Dow Jones Industrial Average index slipped 0.15% or 20.14 points and Nasdaq Composite index dropped 0.04% or 1.11 points and settled at 3,055.26.

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