Ms Ko Hui Yen's eldest child Kit-sen, who is six, does not believe in Santa Claus. When the girl was about three, she pulled the beard of a Santa and it turned out to be made of cotton wool.
China has lowered the threshold for foreign capital to invest in the country's property market, according to a statement released Thursday by the Ministry of Commerce.
Real estate market continued to show strength in Chicago, a city in the U.S. state of Illinois, in June, with the existing-home price refreshing the highest level since August 2008.
The universal reserve requirement ratio (RRR) cut starting on Thursday is not the start of a strong stimulus for the economy, a senior official of China's central bank told Xinhua on Thursday.
The State Council, China's Cabinet, has issued provisional regulations on real estate registration, according to a statement released on Monday.
Islamic Hamas movement on Sunday rejected the Israeli decision to investigate the last Israeli large-scale military operation that was waged on the Gaza Strip in early July and lasted for 50 days.
Good news for the millions of Chinese housewives hooked on online shopping: the more they spend online, the greater discount they will get on a home purchase under a new scheme.
An official of Indonesia's election commission said on Monday that the commission would not be the one to legally announce the president-elect should either of the two presidential hopefuls running in last week's presidential elections rejects the real-count results.
Relentless rumors and declining sales rattled nerves in the Chinese economy as worries about a tumble in home prices spread last week.
"When will the property tax come out and how will it impact the market?", "Are we going to see the economy and real estate market crash?", "What are the prospects for developing elderly care properties?"
Speculation is not the cause of China's hefty house prices and the introduction of a real estate tax in the future is unlikely to suppress the country's rising house prices.
China is to expose intellectual property rights violations to the public, and build a system of real property registration, according to a State Council statement on Wednesday.
The Hong Kong economy expanded moderately further in the third quarter of 2013, by 2.9 percent in real terms over a year earlier, slightly slower than the 3.2 percent growth in the second quarter, the local government announced Friday.
The GDP of the United States expanded at an annual rate of 2.5 percent in the second quarter this year, the best performance since the third quarter of last year, boosted by ongoing recovery of U.S. housing market and household consumption, showed figures from the Commerce Department Thursday.
China is expected to unveil a plan for a long-term mechanism to nurture the healthy development of the real estate market in the next three months, a senior industry official said Wednesday.
A senior economic official's expulsion from the Communist Party of China (CPC) and removal from public office on Thursday marked more success in tip-offs helping fight corruption.
U.S. President Barack Obama on Saturday urged Congress to help homeowners reduce housing mortgage burdens and support the nascent real estate sector recovery.
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