Front Page: Offer of cheap houses provokes debate

29th November 2011

BRICS

 

Dilma reaffirms that Brazil is "shielded" against the crisis

Brazil can guarantee resources for Brazilian companies "if credit dries." Jornal Do Brasil

 

Quality comes first in new office building construction

Its quality before quantity, as real estate developers and investors emerge from the economic crisis. Russia Today

 

Gold up in India; metals, oil fall globally

Gold rose marginally in the domestic market due to a depreciating rupee even as global crude and metal prices beat a retreat on fresh fears of a global slowdown with China warning of a recession. Times of India

 

Offer of cheap houses provokes debate

A tycoon famous for his outlandish charitable stunts is offering to sell property at huge discounts to people. China Daily

 

Moody's sees stable outlook for SA banking sector

Rating agency points to sector's strong capital buffers and says it does not expect major changes to fundamental credit conditions soon. Business Day

 

Developed Markets

 

Consumers shrugging off debt crisis

German consumer confidence is holding up in the face of the eurozone debt crisis as rising employment and incomes helped to offset looming recession fears, a poll found on Monday. The Local

 

Japan's jobless rate rises to 4.5% in Oct; household spending down 0.4%

Japan's jobless rate rose to a worse-than-expected 4.5% in October from 4.1% in the previous month, the government said on Tuesday. Japan Today

 

Paris maintains its growth forecast of 1% in 2012

The budget minister, Valérie Pécresse, Tuesday upheld the government forecast growth of France in 2012 to 1% of gross domestic product. Le Monde

 

Frontier Markets

 

Qatar ‘fastest-growing' economy of the decade in the Mideast

Qatar has been the "fastest-growing economy" among the rapid growth markets (RGMs) in the Middle East in the last 10 years. Gulf Times

 

Vietnam to boost state firm sales, PM says

Vietnam will accelerate share sales at state-owned enterprises, as the government plans to retain stakes only in those that are really important, Prime Minister Nguyen Tan Dung said. Than Nien

 

Taxman to slap 20 per cent levy on gambling winners

Kenya Revenue Authority is to impose a 20 per cent withholding tax on winnings from gaming as it seeks to bring more people in to the tax bracket. Daily Nation

 

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