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China Property Drop Signals Stock Sell-Off: Technical Analysis - Bloomberg.com

The 34-company China Se Shang’s Property Index has tumbled 23 percent from a three-month high on Nov. 23 as the government curbed lending to cool the economy. The Shanghai Composite Index has dropped 12 percent during the same period. The 120-day correlation between the property measure and

Roubini Says Stocks Will Be ‘Flat’ Through Year-End (Update1) - Bloomberg.com

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The New York University professor spoke in a Bloomberg Television interview today as the S&P 500 staged a rebound in the final hour of trading. After sinking 1.8 percent earlier amid concern European nations including Greece will be unable to repay their debt, the index turned positive. The S&P
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IMF calls Greek austerity program "appropriate"

Click to enlarge photo WASHINGTON (AFP) - A Greek government austerity package aimed at restoring the country's financial health is "appropriate," the International Monetary Fund said Thursday. The government hopes to save more than one billion euros from benefit

Empty offices signal Sydney"s slow recovery

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Demand for office space in Sydney's CBD has plummeted and vacancy rates are at the highest levels in four years. The latest Property Council of Australia report reveals vacancy rates hit 8.1 per cent in the six months to January this year. The Council's Acting Executive
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Empty offices signal Sydney"s slow recovery

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High numbers of vacant office space in Sydney blamed on poor economic recovery. Map: Sydney 2000 The latest Property Council of Australia report reveals vacancy rates hit 8.1 per cent in the six months to January this year. That is up from 5.4 per cent at the same time last
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Plan to limit access to share registers will thwart raiders

The measures would require people or companies seeking access to a company's register first to pass a ''proper purpose'' test. The test, which the government says would not stand in the way of rival companies testing the waters for a takeover offer, would prevent the practice, most commonly