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CHINA

China Housing Prices Rise to 14-Month High

highlights five key points from data on housing prices released by China’s National Bureau of Statistics (NBS) on Saturday: – The average price of new homes in 70 major cities, excluding subsidized units, increased 8.9% […]

MARKET

Volvo Group’s third-quarter net profit up 38%

Volvo Group (Volvo AB, VOLVY) said Friday its third-quarter net profit rose 38%, exceeding expectations. The company said it is still struggling to meet the needs of the truck market, especially in the North American […]