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Hong Kong’s property bubble is protest-proof

It will take more than a few protests to cool Hong Kong’s real estate market. The latest round of social unrest has homeowners worried that the local economy, especially the property sector, will suffer. In fact, the market is only going to get hotter — if it can weather the current round of chaos. The city has been in turbulence ...

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How India’s water ends up everywhere but India

As a child in 1943, the Indian economist Amartya Sen watched one of the worst famines of the 20th century sweep through his native Bengal. Contrary to the popular image, the disaster didn’t manifest as a widespread shortage of food, he later wrote. The middle classes hadn’t “experienced the slightest problem during the entire famine,” which primarily affected ”landless rural ...

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US stocks fall as Treasuries, dollar advance; gold retreats

Bloomberg At the start of a week stuffed with central-bank activity, US equities fell and European stocks drifted following steep share declines in Asia. Treasuries advanced as investors greeted on Monday in a cautious mood. The S&P 500 fell for a second day after the blow-out jobs report altered market calculus for Federal Reserve rate cuts, though equities came off ...

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