China says home prices rose in October

More Chinese cities reported rises in home prices in October than in September, data showed Sunday, the first gain in three months as the government works to keep the property market in check.

Prices in 35 out of 70 cities tracked by the government rose month-on-month, the National Bureau of Statistics said in a statement, up from 31 cities in September, and the first increase since July.

Prices of new homes dropped in October in 17 cities and remained unchanged in the remaining 18 cities, it said.

China has implemented measures to control property prices for more than two years, including prohibitions on buying second homes, requiring higher minimum down-payments and levying property taxes in some cities.

Officials have said that property control measures are aimed at bringing down home prices to a "reasonable" level.

China's slowing economy has recently exhibited signs of a turnaround, with exports, retail sales and industrial production data all showing renewed vigour.

Expansion in the world's second-largest economy has slowed for seven straight quarters through the end of September, but economists are expecting growth to accelerate during the current three-month period through December.

Beijing expects gross domestic product to grow 7.5 percent in 2012, a marked slowdown from the 9.3 percent recorded in 2011 and 10.4 percent in 2010.

The government is aiming to rebalance China's economy away from reliance on exports and more towards domestic demand in coming years in hopes it can steer growth onto a stable and sustainable track.

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
  • Stocks gain after U.S. presidential debate; oil drops
    Stocks gain after U.S. presidential debate; oil drops Reuters - 7 minutes ago

    By Richard Leong NEW YORK (Reuters) - Stock prices across major markets rose on Tuesday, led by U.S. technology and consumer sectors following the presidential debate between Hillary Clinton and Donald ... … More »

  • US stocks lifted by consumer data, Clinton debate boost AFP - 9 minutes ago

    US stocks jumped Tuesday following surprisingly good consumer confidence data and a strong performance by Democrat Hillary Clinton in the first US presidential debate. Consumer confidence spiked to 104.1 ... … More »

  • Oil down 3 percent as Saudi, Iran dash hopes for an Algiers deal
    Oil down 3 percent as Saudi, Iran dash hopes for an Algiers deal Reuters - 11 minutes ago

    Oil fell about 3 percent on Tuesday after Saudi Arabia and Iran dashed market hopes that the two major OPEC producers would find a compromise this week at meeting in Algiers to help ease a global glut of crude. Saudi Energy Minister Khalid al-Falih … More »

  • The top 10 books on Apple's iBooks-US Associated Press - 17 minutes ago

    iBook charts for week ending September 25, 2016 (Rank, Book Title by Author Name, ISBN, Publisher ): iBooks US Bestseller List - Paid Books 1. The Girl on the Train by Paula Hawkins - 9780698185395 - (Penguin ... … More »

  • Iraq mediating between Saudis and Iran to support oil prices Reuters - 19 minutes ago

    Iraq is carrying out a mediation between Saudi Arabia and Iran to bring about an agreement that would lift crude prices, at a meeting of crude-producing nations in Algiers, Iraqi Oil Minister Jabar Ali al-Luaibi said on Tuesday. Iran on Tuesday … More »

  • Landec tops Street 1Q forecasts Associated Press - 26 minutes ago

    On a per-share basis, the Menlo Park, California-based company said it had profit of 12 cents. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment ... … More »

  • World Bank unanimously reappoints President Jim Yong Kim
    World Bank unanimously reappoints President Jim Yong Kim AFP News - 29 minutes ago

    The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as president, the global lender announced Tuesday. Kim had been the only candidate in a process criticized by World Bank staff and campaigners as lacking in … More »

  • Markets Right Now: US stocks end higher Associated Press - 32 minutes ago

    The latest on developments in global financial markets (all times local): 4:00 p.m. U.S. stocks are closing higher, with many of the biggest gains coming in technology and consumer stocks. Solid quarterly ... … More »

  • Facebook to appeal German order on WhatsApp data
    Facebook to appeal German order on WhatsApp data Reuters - 40 minutes ago

    Facebook (FB.O) said it would appeal against an order by a German privacy regulator on Tuesday to stop collecting and storing data of German users of its messaging app WhatsApp and to delete all data that has already been forwarded to it. The … More »

  • StanChart tells authorities about corruption allegations at Indonesian firm
    StanChart tells authorities about corruption allegations at Indonesian firm Reuters - 41 minutes ago

    LONDON/WASHINGTON (Reuters) - Standard Chartered (STAN.L) has told "appropriate authorities" about alleged corruption at an Indonesian power plant company majority-owned by its private equity arm, the bank said on Tuesday. The statement came in … More »

  • Grain higher, livestock lower Associated Press - 1 hour 2 minutes ago

    Grain futures were higher Tuesday on the Chicago Board of Trade. Wheat for Dec. gained 8 cents at $4.04 a bushel; Dec. corn was up 2.75 cents to 3.3175 a bushel; Dec. oats rose 3.75 cents at $1.7325 a ... … More »

  • The newest trailer for ‘Battlefield 1’ is breathtaking
    The newest trailer for ‘Battlefield 1’ is breathtaking Business Insider - 1 hour 11 minutes ago

    A new trailer for “Battlefield 1” dropped today … Continued The post The newest trailer for ‘Battlefield 1’ is breathtaking appeared first on Business Insider. … More »

  • Stanford will pay you to attend its business school — but only if you agree to work in the Midwest
    Stanford will pay you to attend its business school — but only if you agree to work in the Midwest Business Insider - 1 hour 11 minutes ago

    Stanford Alumni/Facebook; Jereme Rauckman/Flickr; Melia Robinson/Business Insider A … Continued The post Stanford will pay you to attend its business school — but only if you agree to work in the Midwest appeared first on Business Insider. … More »

  • Microsoft teams with Bank of America on 'blockchain'
    Microsoft teams with Bank of America on 'blockchain' AFP News - 1 hour 32 minutes ago

    Microsoft and Bank of America Merrill Lynch on Tuesday announced they are working together to make financial transactions more efficient with blockchain technology -- the foundation of bitcoin digital currency. Microsoft planned to use its Azure … More »

  • Justice Dept. top national security official to leave post Associated Press - 1 hour 37 minutes ago

    The Justice Department's top national security official is leaving his position next month. John Carlin, who has led the department's national security division since 2014, will be leaving government on ... … More »

  • WHY IT MATTERS: Social Security
    WHY IT MATTERS: Social Security Associated Press - 1 hour 45 minutes ago

    THE ISSUE: More than 60 million retirees, disabled workers, spouses and children rely on monthly Social Security benefits. That's nearly one in five Americans. The trustees who oversee Social Security ... … More »

  • Wall Street rises in wake of first presidential face-off
    Wall Street rises in wake of first presidential face-off Reuters - 1 hour 45 minutes ago

    By Noel Randewich (Reuters) - Consumer and technology stocks including Amazon led gains on Wall Street on Tuesday as some investors deemed Democrat Hillary Clinton to have won a presidential debate against ... … More »

  • Uber quietly promoted an employee to be its new CFO in January
    Uber quietly promoted an employee to be its new CFO in January Business Insider - 1 hour 46 minutes ago

    REUTERS/Adnan Abidi Uber CEO Travis Kalanick Uber has secretly … Continued The post Uber quietly promoted an employee to be its new CFO in January appeared first on Business Insider. … More »

  • Global stocks bounce after U.S. debate; oil falls
    Global stocks bounce after U.S. debate; oil falls Reuters - 2 hours 8 minutes ago

    By Richard Leong NEW YORK (Reuters) - Stock prices across major markets rose on Tuesday, led by gains in the U.S. technology and consumer sectors following the presidential debate between Hillary Clinton ... … More »

  • Colleges lavishing more financial aid on wealthy students
    Colleges lavishing more financial aid on wealthy students Associated Press - 2 hours 18 minutes ago

    Spencer Mulligan knew his family could pay for his college education, even without loans or grants. So when the University of Connecticut offered a merit award of $20,000 over four years, he saw it as ... … More »

  • Consumer companies lead indexes higher; energy drops
    Consumer companies lead indexes higher; energy drops Associated Press - 2 hours 22 minutes ago

    U.S. stocks are climbing Tuesday and consumer stocks are making some of the biggest gains. Solid quarterly results from cruise line operator Carnival are giving travel-related companies a boost. Technology ... … More »

  • Oil down 3 percent as Saudis say no chance for Algiers deal
    Oil down 3 percent as Saudis say no chance for Algiers deal Reuters - 2 hours 25 minutes ago

    By Barani Krishnan NEW YORK (Reuters) - Oil fell 3 percent on Tuesday after Saudi Arabia said it did not expect to agree on output cuts at a meeting with other producers in the Algerian capital, although ... … More »

  • OPEC set for no deal as Iran rejects Saudi oil output offer
    OPEC set for no deal as Iran rejects Saudi oil output offer Reuters - 2 hours 28 minutes ago

    Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week to help ease a global glut of crude. "The gap (in … More »

  • Amazon has a secret plan to replace FedEx and UPS called ‘Consume the City’
    Amazon has a secret plan to replace FedEx and UPS called ‘Consume the City’ Business Insider - 2 hours 36 minutes ago

    AP Photo/Ted S. Warren Amazon CEO Jeff Bezos … Continued The post Amazon has a secret plan to replace FedEx and UPS called ‘Consume the City’ appeared first on Business Insider. … More »

  • Gusto CEO: We now have 40,000 customers, twice as many as Zenefits
    Gusto CEO: We now have 40,000 customers, twice as many as Zenefits Business Insider - 2 hours 45 minutes ago

    Gusto Gusto CEO Josh Reeves In the race to … Continued The post Gusto CEO: We now have 40,000 customers, twice as many as Zenefits appeared first on Business Insider. … More »

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.141+0.003+2.17%
    N21.SI
    3.99+0.03+0.76%
    Z74.SI
    0.155+0.003+1.97%
    AFC.SI
    0.740.000.00%
    BS6.SI
    0.275+0.010+3.77%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.133+0.020+17.70%
    5PF.SI
    0.19+0.03+15.85%
    AWI.SI
    1.48+0.16+12.12%
    S91.SI
    0.198+0.020+11.24%
    M14.SI
    0.60+0.05+9.09%
    AZA.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.255-0.110-30.14%
    AZT.SI
    0.56-0.18-24.32%
    5VJ.SI
    0.395-0.070-15.05%
    K1Q.SI
    0.162-0.028-14.74%
    BGO.SI
    0.122-0.020-14.08%
    569.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3594-0.0008-0.06%
    USDSGD=X
    1.5249-0.0054-0.35%
    EURSGD=X
    1.7691+0.0063+0.36%
    GBPSGD=X
    73.8110+0.087+0.12%
    SGDJPY=X
    5.7030+0.0037+0.06%
    SGDHKD=X
    3.0385+0.0043+0.14%
    SGDMYR=X
    9,526.9111-51.9111-0.54%
    SGDIDR=X
    4.9007-0.0011-0.02%
    SGDCNY=X
    1.0420+0.0034+0.33%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,331.10-13.00-0.97%
    GCZ16.CMX
    19.23-0.37-1.89%
    SIZ16.CMX
    92.98-1.47-1.55%
    ^XAU
    2.17-0.02-1.11%
    HGZ16.CMX
    43.85+0.41+0.94%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.11-0.02
    ^FVX
    1.56-0.03
    ^TNX
    2.28-0.05
    ^TYX