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Hong Kong's Real Estate brokerage industry massively cuts staffs

The four largest real estate brokerages in Hong Kong including Centaline Property Agency, Midland Realty, Ricacorp Properties and Hong Kong Property Services, are expected to cut at least 3,100 employees until early next year.  They were forced to reduce staffing costs because they saw little hope of real estate sales recovering before the Lunar New Year holiday at the end of January.

The four largest real estate brokerages in Hong Kong including Centaline Property Agency, Midland Realty, Ricacorp Properties and Hong Kong Property Services, are expected to cut at least 3,100 employees until early next year.  They were forced to reduce staffing costs because they saw little hope of real estate sales recovering before the Lunar New Year holiday at the end of January.

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Even High-income Americans cannot Buy A Home

The American dream of buying a home is getting tougher as the living cost crisis escalates.  Even a high income cannot guarantee them a luxurious life like before.

The American dream of buying a home is getting tougher as the living cost crisis escalates.  Even a high income cannot guarantee them a luxurious life like before.

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Japan to test Digital Yen from 2023

The BOJ is among a number of leading Central Banks that are exploring cryptocurrencies as an adjunct or as an alternative to cash.

The BOJ is among a number of leading Central Banks that are exploring cryptocurrencies as an adjunct or as an alternative to cash.

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Credit Suisse drastically reduces staffs in China

Credit Suisse will lay off at least a third of its investment banking division and about 40% of its research staffs in China.

Credit Suisse will lay off at least a third of its investment banking division and about 40% of its research staffs in China.

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New Home sales in The US increased in October

New home sales in the United States rose in October, although there were earlier concerns that consistently high mortgage rates were hampering affordability and driving potential homebuyers out of the market.

New home sales in the United States rose in October, although there were earlier concerns that consistently high mortgage rates were hampering affordability and driving potential homebuyers out of the market.

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China injects $38 billion to rescue Real Estate companies

China's state-owned banks are injecting at least 270 billion yuan ($38 billion) in new credit loans to real estate companies.  This is part of the government's efforts to rescue the real estate market.

China\'s state-owned banks are injecting at least 270 billion yuan ($38 billion) in new credit loans to real estate companies.  This is part of the government\'s efforts to rescue the real estate market.

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Etihad Airways tests 1st Eco-flights in COP27

Flights in the "Greenliner" program of Etihad Airways (UAE) are considered a testing ground for sustainable air travel solutions.

Flights in the "Greenliner" program of Etihad Airways (UAE) are considered a testing ground for sustainable air travel solutions.

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Indonesia is auctioning off A 100-Island Archipelago in Bali

A group of Indonesian islands known as the Widi Reserve is about to be put up for auction.  It's one of the most likely real estate deals to ever take place in Asia.

A group of Indonesian islands known as the Widi Reserve is about to be put up for auction.  It\'s one of the most likely real estate deals to ever take place in Asia.

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The South Korean Won becomes Asia's Strongest Rising Currency

The South Korean won is forecasted to strengthen further after recovering from a 13-year low and becoming Asia's strongest performer.  The impetus for the strong recovery of the domestic currency of South Korea, a major exporting country, comes from an improved global trade outlook.

The South Korean won is forecasted to strengthen further after recovering from a 13-year low and becoming Asia\'s strongest performer.  The impetus for the strong recovery of the domestic currency of South Korea, a major exporting country, comes from an improved global trade outlook.

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Singapore hunts for Global Talents with New Visa

In August 2022, Singapore announced a new immigration program, called the Overseas and Specialist Network Pass (ONE Pass).  The program aims to attract the world's top talents to live and work in Singapore. Specifically, it also helps to solve problems that foreigners may face, most notably allowing allows spouses of ONE Pass applicants to work in Singapore.

In August 2022, Singapore announced a new immigration program, called the Overseas and Specialist Network Pass (ONE Pass).  The program aims to attract the world\'s top talents to live and work in Singapore. Specifically, it also helps to solve problems that foreigners may face, most notably allowing allows spouses of ONE Pass applicants to work in Singapore.

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