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China holdings of US Treasuries rise

Bloomberg China’s holdings of US Treasuries rose in October as the world’s second-biggest economy rebuilds its currency reserves. China’s holdings of US bonds, notes and bills increased by $8.4 billion to $1.19 trillion, according to Treasury Department data released in Washington. China remains the biggest foreign holder of US Treasuries, ahead of Japan, which owned $1.09 trillion, down by $2.1 ...

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Singapore’s home sales gain with annual tally

Bloomberg Singapore’s home sales rose in November, extending gains for a year that is already the best since 2013, as developers marketed more projects. Developers sold 785 units in November, up from a revised 760 in October, according to Urban Redevelopment Authority data. Singapore’s property market is turning around, with home prices climbing again after a record run of declines ...

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US economy to ‘rock’ as GOP races to tax-cut finish: Trump

Bloomberg President Donald Trump predicted the US economy is “going to start to rock” when the Republican rewrite of the US tax code is complete after a six-week sprint. GOP lawmakers posted their sweeping, 503-page bill—with permanent tax cut for US corporations and temporary benefits for individuals—after gaining key votes from two Republican senators who’d threatened to oppose it. Now, ...

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