| STOCK FALLS |
| The News You Need Before You Need It |
Real-estate prices in China’s 70 biggest cities rise 2% in August over the year-earlier period, accelerating from a 1% on-year rise in July.
Read more from the original source:
Chinese urban property gains keep momentum
Japanese markets remain bullish, discounting new government data pointing to weakness in capital spending, despite the data point’s status as a key indicator of future growth.
Read more:
Asia Markets: Japan machinery orders data fail to derail rally
Many wise men have predicted the stock and bond markets will go into a free fall for decades once baby boomers start withdrawing money from their retirement accounts, but a new report this week by the Congressional Budget Office suggests that won’t happen when boomers retire.
Read the original post:
Robert Powell: Will the markets tank as boomers retire?
The new Palm Inc. Pre has been on sale now for three months, and it’s still tricky to tell exactly how the once red-hot smart phone is faring in stores.
Originally posted here:
Therese Poletti’s Tech Tales: Palm’s Pre sales brisk, but no sellouts reported
Prophets who predicted last year’s stock-market crash are all the rage nowadays. But these seers without exception are shortsighted in the most crucial respect: They had no vision of what the world would be like after the crash and the direction American capitalism would take.
Go here to read the rest:
Outside the Box: U.S. markets protect the biggest, not the best
President Obama didn’t light a fire under anyone Wednesday with his big health-care-reform speech, but he did speak common sense. Shouldn’t that be enough?
Continued here:
MarketWatch First Take: Obama maintains civil tack in health debate
The Bank of Korea keeps its benchmark interest rate steady at a record-low 2% for a seventh-straight month, citing an improving economy, but adds that growth remains uncertain.
Excerpt from:
Bank of Korea stands pat, says growth uncertain
India’s Bharti Airtel denies a report that it and South Africa’s MTN Group have reached a $24 billion preliminary accord to buy each other’s shares.
Australia’s unemployment rate holds steady in August, but the number of people employed declines at a faster-than-expected pace.
More:
Economic Report: Australia jobless rate stays at 5.8% in August
Kraft Chief Executive Irene Rosenfeld is asking takeover target Cadbury and her own shareholders to trust her timing on the $16 billion deal, even before she’s put the finishing touches on her three-year turnaround plan.
Read more from the original source:
Kraft CEO adds Cadbury to ambitious master plan
