China’s Housing Minister: Will add one million village urbanization projects

Speaking at the property market briefing on Thursday, China’s Housing Minister said that they “will add one million village urbanization projects.

Additional quotes

Will expand the white list of projects, bank lending to 4tln yuan.

Will adopt monetization measures for urbanization projects.

Will adopt monetization measures for urbanization projects.

Oct 17, 2024

Australian Dollar gains ground following solid employment data

The Australian Dollar (AUD) halts its three-day losing streak against the US Dollar (USD) after a strong Australian employment report was released on Thursday.

Gold price flirts with record peak, seems poised to appreciate further

Gold price (XAU/USD) built on its uptrend witnessed over the past week or so and retested the all-time high on Wednesday amid the expected interest rate cuts by major central banks.