(Bloomberg) -- With markets keen for details on China’s efforts to revive economic growth and end its housing slump, here are five key takeaways from today’s...
-- With markets keen for details on China ’s efforts to revive economic growth and end its housing slump, here are five key takeaways from today’s briefing by Chinese Minister of Finance Lan Fo’an and his colleagues. Bloomberg Terminal readers can click here for a full transcript.The Master Plan That Shaped Pakistan’s Capital Is No Longer Working
Local governments can use the money raised from their special bonds to buy unsold homes and turn them into subsidized housing. This is the latest step to address the country’s worst property downturn in recent history, but local officials in the past were reluctant to implement the program due to problems with returns and prices
Major state banks will get help to replenish their capital. The top six lenders have capital levels that far exceed requirements, but the support will help ease any pressure after the central bank unveiled broad reductions to mortgage rates and slashing key policy rates to revive the economy VANCOUVER — Morgan Frost scored in the fifth round of the shootout and the Philadelphia Flyers opened their season with a 3-2 victory over the Vancouver Canucks on Friday.PINE BLUFF, Ark. — BJ Curry ran for two touchdowns, JaVonnie Gibson had nine receptions for 183 yards and a TD and UAPB rallied from an early deficit to beat Prairie View A&M 21-17 on Friday night to snap a three-game losing streak.
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