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China home prices break falling streak in January: survey BEIJING: China's housing prices rose in January for the first time in nine months, a survey showed Saturday, breaking a decline that has weighed on growth in the world's second-largest economy.The average price of a new home in China's 100 major cities rose 0.21 percent from December to 10,564 yuan ($1,690) per square metre, according to the independent China Index Academy, the first rise since April 2014.The figure represents a turnaround from December's 0.44 percent decline, according to academy data.On a year-on-year basis, however, prices were down 3.09 percent in January, greater than the 2.69 percent recorded last month, the statement said."Overall, with the real estate market expected to continue its turn for the better, prices in the 100 cities stabilised in the first month of the new year," said the statement."This month, prises have clearly risen in an increasing number of cities, including all of the first-tier cities," it ...

Greek finance minister to visit Paris Saturday: official ATHENS: Greek Finance Minister Yanis Varoufakis has moved forward to Saturday a planned trip to Paris that launches the new anti-austerity government's search for EU allies, his office said."The minister will travel to Paris on Saturday instead of Monday," a spokesman told AFP, adding that Varoufakis was expected to hold meetings on Sunday.Varoufakis, a maverick economist opposed to fiscal cuts, was originally due to meet with French counterpart Michel Sapin and Economy Minister Emmanuel Macron ...

Aung San Suu Kyi's mansion gates to be auctioned YANGON: A set of gates that became an enduring symbol of Myanmar democracy champion Aung San Suu Kyi's years under house arrest are to be auctioned, a businessman who now owns them said Saturday.The gates -- painted in the yellow and red colours of Suu Kyi's National League for Democracy (NLD) party -- were once located at the entrance to the crumbling Yangon mansion where Myanmar's most famous political prisoner was confined for much of ...

Americans killed in Kabul worked on Afghan aircraft WASHINGTON: Three American contractors killed in an apparent "insider attack" at Kabul airport were helping on maintenance of a small turboprop plane used by the Afghan air force, US defence officials said Friday. The fatal shootings on Thursday at the heavily guarded airport were carried out by an Afghan wearing military uniform who fired a few bursts from an automatic weapon before he was killed in return fire, officials said. A fourth US contractor was ...

US economic growth in 2014 fastest in four years WASHINGTON: The US economy grew at its fastest pace in four years in 2014, outpacing all of the other major developed countries as consumers gained confidence helped by sinking oil prices.But a slowdown in the fourth quarter bared some of the persistent challenges -- like the strong dollar -- to locking the world's largest economy into higher gear.While the halving of fuel prices clearly gave American consumers the power to spend more at the end ...

New book lifts lid on court of Britain's Prince Charles LONDON: A new biography of Britain's Prince Charles reveals how his inner circle is riven with backstabbing and infighting, according to extracts published by The Times newspaper Saturday.Charles's household has been nicknamed "Wolf Hall" after Hilary Mantel's historical novel about the brutal, conniving court of Henry VIII in the 16th century, the biography says.It adds that the son of Queen Elizabeth II and future king surrounds himself with people who tell him what he wants ...

Black teen's killer won't face assault charges: US media MIAMI: A Florida man cleared two years ago of murdering unarmed black teenager Trayvon Martin in a case that fueled debate about racism in the US won't face charges over recent allegations of assault, local media reported.A woman described as his ex-girlfriend told police George Zimmerman had thrown a wine bottle at her in a domestic dispute. However, she is no longer cooperating with authorities, prompting police to drop the charges, the Orlando Sentinel reported ...


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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