German Shares Touch 4mth Highs on Signs of Easing Inflation

DAX touches highest since July Real estate stocks lead sectoral gains Philips drops following FDA alert on medical device Nov 29 Reuters German shares led gains in Europe on Wednesday after data pointed to easing inflation in the most populous state in the country, boosting expectations that the European Central Bank will cut interest rates […]
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China Evergrande Unit Commences Legal Proceedings Against Parent

Nov 28 Reuters Evergrande Property Services Group said on Tuesday one of its units had commenced legal proceedings against Hengda Real Estate Group Company and embattled developer China Evergrande, among others. The unit, Jinbi Property Management Company, has commenced the proceedings for the recovery of about 2 billion yuan 279.60 million deposit certificate pledge guarantees. The […]
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