The North American Aerospace Defense Command intercepted two Russian and two Chinese bombers flying near Alaska Wednesday in what a US defense official said was the first time the two countries have been intercepted while operating together. The bombers remained in...
Hong KongCNN — China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases. Even though China’s economy expanded faster than...
Hong KongCNN — China’s key real estate sector hasn’t shown much improvement following a flurry of government measures taken to boost the industry, even as other parts of the economy seem to be stabilizing. New property sales reached a total of 1.06 trillion yuan...
Mortgage rates climbed for the third week in a row, inching closer to 7%. The 30-year fixed-rate mortgage averaged 6.90% in the week ending February 22, up from 6.77% the previous week, according to data from Freddie Mac released Thursday. A year ago, the average...
