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So what if New York is pricey? That helps the US

  Conor Sen There’s no real national debate when it comes to housing policy. Journalists and pundits on one side shout: “We need more development and density so cities will be affordable and livable.” For good measure they add: “People who don’t support more development and density are heartless and just defending their own property values.” The other side … ...

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Energy stocks hit in Asia as oil sinks, dollar weak

  Hong Kong / AFP Energy firms sank in Asian trade on Tuesday as oil prices extended the previous day’s sharp losses due to profit-taking after a recent rally and fresh worries about a global oversupply. Even a fall in the dollar, which usually makes crude cheaper, could not stop the slide in the commodity after Iraq flagged a pick-up ...

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Gulf continues sliding as oil sags

  London / AFP Gulf stock markets continued dropping early on Tuesday after Brent crude oil fell back below $49 a barrel and short-term technicals for several indexes in the region turned negative over the past few days. The Saudi index fell 0.6 percent to 6,074 points in the first 45 minutes of trade. On Monday it confirmed a break ...

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