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Singapore Property Giants Hit by High Rates, Global Downturn

Singapore property giants City Developments Ltd. and CapitaLand Investment Ltd. reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global real estate downturn. ....

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Hong Kong Sees 2024 Growth Range at or Below Last Year

Hong Kong expects its economy to grow in a range of 2.5% to 3.5% this year, suggesting a potentially slower rate of expansion as the financial hub tries to bolster a struggling housing market and attract more tourism and investment. ....

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Hong Kong Scraps Property Curbs to Boost Weak Housing Market

(Bloomberg) Hong Kong’s government is removing cooling measures on housing to boost the lackluster market and will provide additional funds to support tourism as part of a sweeping plan to revive growth in the financial hub. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puzzling Sci ....

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Property giants miss analysts' profit estimates

Property giants City Developments Ltd (CDL) and CapitaLand Investment Ltd reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global real estate downturn. ....

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Hong Kong's Property Market Faces Headwinds Even After Curbs Are Scrapped

Hong Kong's Property Market Faces Headwinds Even After Curbs Are Scrapped
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