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Condo values on the rise in turkey

Increasing affluence amongst consumers is driving a boom for luxury acccomodation in Turkey's urban centres.

Mon, Jan 17, 2011

China stocks decline after banks increase reserves

An increase in central bank reserve requirements and rising property prices have led to a sharp decline in Chinese stocks.

Mon, Jan 17, 2011

Bahamaian resort opens first night club for teenagers

The Bahamas' Atlantis resort unveils a unique new tourist attraction - a multimillion dollar underage nightclub.

Mon, Jan 17, 2011

Australia seeks banker advice on flood losses

With clean-up costs from the floods to reach around AU$15 billion, Australian treasury officials are seeking commercial advice to minimise the pressure on the economy's already significant deficit.

Mon, Jan 17, 2011

Berlin faces backlash against urban gentrification

As wealthy new owners flock to fashionable East Berlin, the area's original inhabitants are hitting back.

Mon, Jan 17, 2011

Us apartment rents to increase as building starts stall

The oversupply of housing may be turning some US cities into ghost towns, but in denser areas the opposite problem is occurring, with demand for entry-level apartments set to far outstrip supply.

Mon, Jan 17, 2011

Majorca formula 1 bid to boost house prices

Plans are progressing for the Spanish island to become an annual Formula 1 host, which should see tourism and the real estate industry given a shot in the arm.

Mon, Jan 17, 2011

Un secretary predicts strong growth for thailand

Thailand's economy is set to grow by 3% in the coming year, says a UN trade secretary.

Fri, Jan 14, 2011

China overtakes us for most purchasing power

China has eclipsed the US in 2010 as the world's biggest economy in purchasing power terms.

Fri, Jan 14, 2011

Miami reinvents itself as tourist haven

New hotels and a revamped warehouse district are attracting more visitors to the Floridian city.

Fri, Jan 14, 2011

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