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TOKYO: Housing starts in Japan rose 5.0 percent in March from a year earlier, posting a second straight month of increase, government data showed on Friday, helped in part by rebuilding efforts in the northeast region battered by last year's earthquake and tsunami. The rise compared with economists' median forecast for an 8.1 percent annual increase. Copyright Reuters, 2012 ...

BEIJING: Chinese banks lent 242.7 billion yuan ($38.5 billion) worth of property loans between January and March, down 54 percent from a year earlier, data from the central bank showed on Wednesday. The drop follows a 38 percent decline in 2011 and suggests Beijing is scoring success in tightening lending standards for real estate developers and buyers to rein in a red-hot housing market. Strong public discontent over China's home prices, which hovered stubbornly near record levels ...
SHANGHAI: New home prices in two-thirds of China's major cities fell in March, the government said Wednesday, as officials maintain policies to curb the property market. China has implemented several measures aimed at limiting runaway property prices for more than a year, including bans on buying second homes, hiking minimum down-payments and introducing property taxes in select cities. Out of 70 major cities tracked by the government, 46 recorded falls in home prices in March from the ...
WELLINGTON: New Zealand house prices rose and sales hit their highest in more than four years on a monthly basis in March, the Real Estate Institute of NZ (REINZ) said on Monday. The REINZ's house price index rose 1.9 percent on the previous month, and was up 4.2 percent on the same month a year earlier, driven by gains in the country's biggest city, Auckland, and the earthquake hit Christchurch. "Prices are certainly not rising sharply, but ...
HONG KONG: A corruption case against Hong Kong's two richest property tycoons is a black mark on the city's clean image and could fuel public anger over links between government and business, analysts said. The Asian financial hub has been gripped by the arrest of billionaire brothers Thomas and Raymond Kwok, co-chairmen of the city's largest property developer, as well as former senior government official Rafael Hui. The Kwoks have yet to be charged with any crime ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln