Tuesday, January 23, 2018

China’s Housing Market Is Like a Casino. Can a Property Tax Tame It?

Potential buyers stand in a line during the first day of sales of a property project in Nanjing, China. Speculators hoping to ride the wave of rising prices often scoop up properties that sit unoccupied.

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Editorial: The Jell-O President and the Shutdown

A protest in Lower Manhattan on Monday.

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Mercedes-Benz to recall 6,639 cars in Russia - watchdog

MOSCOW, Jan 23 (Reuters) - Mercedes-Benz Rus, the Russian dealer of the famous automobile brand produced by Daimler AG , will recall 6,639 cars sold in Russia, Russia's technical safety watchdog Rosstandart said on Tuesday.

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GLOBAL MARKETS-Stocks scale record highs as US govt shutdown ends, yen turns down

* BOJ's Kuroda: not in condition to debate exit timing from QQE

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Carrefour CEO steps up digital push, inks deal in China

PARIS, Jan 23 (Reuters) - Carrefour's new chief executive on Tuesday pledged to slash costs, step up investment in e-commerce in the face of competition from Amazon and to open up the capital of Carrefour China to local investors, as part of a plan to boost growth at the world's second-largest retailer.

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UPDATE 1-UK regulator says Fox buying Sky not in public interest, suggests remedies

LONDON, Jan 23 (Reuters) - Britain's competition regulator said Rupert Murdoch buying all of Sky was not in the public interest because it would give the media mogul too much influence, but set out possible remedies that could allow the $15 billion deal to go ahead.

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BRIEF-Twenty-First Century Fox Says Anticipate Regulatory Approval Of Deal With Sky By June 30

* ‍WILL CONTINUE TO ENGAGE WITH CMA ON SKY DEAL AHEAD OF PUBLICATION OF FINAL REPORT IN MAY​

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BRIEF-Sky Notes CMA Findings On Proposed Acquisition Of Sky By 21st Century Fox

* ‍ALSO NOTES CMA'S PROVISIONAL VIEW THAT TRANSACTION MAY BE EXPECTED TO OPERATE AGAINST PUBLIC INTEREST ON MEDIA PLURALITY GROUNDS​

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