China: Housing market perks up in January, but uptick could be short-lived

House prices in 70 large- and medium-sized cities increased 0.3% in January in month-on-month terms according to a weighted average index calculated by Refinitiv from data issued by the National Bureau of Statistics (NBS). The print was up from December’s 0.1% reading. Tier-1 cities such as Beijing, Shanghai, and Guangzhou led the overall increase…

Take Five: Dollar signs

Article content continued Short-term rates have eased after leaping to almost six-year highs, but stocks are jittery and investors are wondering if the squeeze represents de-facto policy tightening, especially given...

Ant, China banks reining in joint loans to consumers

BEIJING • Ant Group and at least a dozen banks are paring back their years-long cooperation on consumer lending platforms that fuel the spending of at least 500 million people...

Africa’s recovery from covid-19 will be slow

Feb 6th 2021DAKAR, JOHANNESBURG AND NAIROBIAT FIRST GLANCE, sub-Saharan Africa appears to have avoided the worst of the pandemic. It has 14% of the world’s population but, even as it...
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