Last Updated: Saturday, January 25, 2014, 18:39
The economist said in the World Economic Forum blog that China grew at a rate of over 10 percent for 30 years but its growth rate has now slowed to around 7 percent, and it may fall further.
Last Updated: Wednesday, January 22, 2014, 21:36
Gold price quoted lower by Rs 80 to Rs 29,161 per ten grams in futures trade Wednesday.
Last Updated: Friday, January 17, 2014, 23:37
Recovering from its day's low of Rs 28,911, gold price gained by Rs 212 to Rs 29,246 per ten grams in futures trade Friday.
Last Updated: Friday, January 17, 2014, 22:17
US housing starts dived almost 10 percent in December from a five-year high.
Last Updated: Friday, December 20, 2013, 02:06
US home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle in an otherwise brightening economic picture.
Last Updated: Saturday, November 16, 2013, 09:03
JPMorgan Chase & Co said on Friday it has agreed to pay USD 4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market.
Last Updated: Saturday, October 26, 2013, 08:55
JPMorgan Chase & Co has agreed to pay $5.1 billion to settle claims that it and firms it bought misled Fannie Mae and Freddie Mac about the quality of mortgage securities and home loans it sold to them during the housing boom.
Last Updated: Saturday, October 19, 2013, 10:31
JPMorgan is seeking a single settlement to resolve all claims from federal and state agencies over its mortgage-related liabilities stemming from the bust in house prices.
Last Updated: Friday, August 16, 2013, 19:28
U.S. housing starts and permits for future home construction rose less than expected in July, suggesting that higher mortgage rates could be slowing the housing market's momentum.
Last Updated: Tuesday, August 06, 2013, 14:11
The Democratic leader is set to spend the day in Arizona, in the US southwest, for a day of housing-related activities, five years after the "subprime" mortgage crisis sparked the worst economic downturn since the Great Depression.
Last Updated: Thursday, July 25, 2013, 10:00
Sales increased 8.3 percent from May to a seasonally adjusted annual rate of 497,000 units, the highest since May 2008, Xinhua reported.
Last Updated: Wednesday, July 24, 2013, 14:59
Over the 12 months ending in May, the house prices rose 7.3 percent, indicating a steady improvement in the US housing market, reported Xinhua.
more videos >>