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  • China Housing Market Cools as Beijing Tightens Reins

    Property investment in China grew at a slower pace in May, as Beijing tightened its control over the property market, which regulators consider as one of the biggest risks in China's financial system. Real-estate investment in China rose 18.3% in the January-May period, which compared with a 21.6% gain for January to April, according to data released Wednesday by the National Bureau of Statistics. New construction starts retreated more sharply, with construction starts...

  • Singapore's Total Population Grew Around 1.1% a Year During 2010-2020

    Singapore's total population grew around 1.1% a year between 2010 and 2020, the Department of Statistics said in a press release Wednesday. Its citizen population increased to 3.52 million in 2020 from 3.23 million in 2010, while the permanent resident population remained stable around 500,000, data from the "Census of Population 2020" showed. The ethnic composition of the resident population was steady, with 74.3% Chinese, 13.5% Malays and 9.0% Indians in 2020..

  • Indian Morning Briefing: Asian Markets Mostly Lower Ahead of Fed Decision

    GLOBAL MARKETS DJIA 34299.33 -94.42 -0.27% Nasdaq 14072.86 -101.29 -0.71% S&P 500 4246.59 -8.56 -0.20% FTSE 100 7172.48 25.80 0.36% Nikkei Stock 29370.92 -70.38 -0.24% Hang Seng 28599.68 -38.85 -0.14% Kospi 3275.96 17.33 0.53% SGX Nifty* 15843.50 -10.5 -0.07%* June contract USD/JPY 110.10-11 +0.04% Range 110.14 110.04 EUR/USD 1.2117-20 -0.07% Range 1.2131 1.2117 CBOT Wheat July $6.614 per bushel Spot Gold $1,855.27 0.2% Nymex Crude $72.23 $1.35 U.S.

  • RBNZ to Add Debt-to-Income Restrictions to Policy Tools --Update

    WELLINGTON, New Zealand--The Reserve Bank of New Zealand will add debt-to-income limits for mortgage lending to its financial policy tools as part of a new remit to help tame fast-rising house prices. The RBNZ said on Wednesday that Finance Minister Grant Robertson had agreed in principle to the central bank's use of "debt serviceability restrictions" when trying to contribute to sustainable house prices. As part of the agreement, the use of debt-to-income restrictions would...

  • News Highlights: Top Global Markets News of the Day

    Stocks Fall on Retail Sales Data. Major indexes slipped Tuesday after the Nasdaq Composite and S&P 500 set fresh records the day before. America's Shopping Spree Will Be Bumpy.

  • LIVESTOCK HIGHLIGHTS: Top Stories of the Day

    USDA Announces Additional $2.6 Billion in Agricultural Aid. U.S. farmers impacted by the coronavirus pandemic will receive additional aids payments totaling at least $2.6 billion, the Department of Agriculture confirmed. In a notice issued Tuesday, the USDA said that it is allocating the funds to agricultural producers that may have been missed in previous aid, as well as continuing to help sectors that have been hurt most by the pandemic.

  • GRAIN HIGHLIGHTS: Top Stories of the Day

    Wheat Falls After Egypt Cancels Tender. Wheat for July delivery fell 1.9% to $6.61 1/ 2 a bushel on the Chicago Board of Trade Tuesday after Egypt's grains buying authority canceled a previously announced tender. Soybeans for July delivery fell 0.4% to 14.65 3/ 4 a bushel.

  • News Highlights: Top Global Markets News of the Day

    Stocks Fall on Retail Sales Data. Major indexes slipped Tuesday after the Nasdaq Composite and S&P 500 set fresh records the day before. America's Shopping Spree Will Be Bumpy.

  • U.S. Crude-Oil Stockpiles Likely to Fall in DOE Data, Analysts Say -- Update

    U.S. crude-oil stockpiles are unanimously expected to decrease from the previous week in data due Wednesday from the Energy Department, according to a survey of analysts and traders by The Wall Street Journal. Estimates from 11 analysts and traders showed U.S. oil inventories are projected to have fallen by 2.9 million barrels in the week ended June 11, with forecasts ranging from declines of 500,000 barrels to 4.5 million barrels. The closely watched survey from the DOE's...

  • ICE Review: Canola Continues Lower

    WINNIPEG, Manitoba--The ICE Futures canola market was weaker for the third-straight session on Tuesday, taking some direction from Chicago Board of Trade soybeans. Recent rains across Western Canada have helped take some of the weather premium out of the market. However, the downtrend was showing signs of slowing down, as the forecasts turn hotter and the crops will still need more moisture going forward.

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