Wal-Mart sees 1st profit drop in 10 yrs. - Yahoo! News http://news.yahoo.com/s/ap/20060815/ap_on_bi_ge... Wal-Mart Stores Inc. posted its first profit decline in a decade Tuesday as the world's largest retailer was forced to pay a hefty price for withdrawing from Germany, selling its stores there at a loss to a rival.
Oil Prices to hit $60 at its lowest in 6 months http://www.turks.us/article~story~OilPricestohi... Oil prices have dwindled to less than $60 for the first time in six months following a return to normal in the Middle East and improving supplies of oil in the United States, Germany and Japan.
US Dropping Home Loan Demand while Rates Hit 4-year High http://www.turks.us/article.php?story=200606221... An industry trade group said on Wednesday that U.S. mortgage applications fell slightly last week. This was driven by a decline in home refinancing loans as interest rates hit the highest in four years. Celia Chen, director of housing economics at Moody's Economy.com, a consulting firm, said last week's drop in applications adds support to the view that rising interest rates are increasingly weighing on the U.S. housing sector.
Latin America Real Estate enjoys continuous growth http://www.realestatepress.org/latest/latin-ame... Growing political tensions in some countries did not stop the real estate sector in Latin America to gain strength.
China keen on Pakistan’s real estate http://www.realestatepress.org/latest/china-kee... Pakistan and China have come to terms and agreed to finalize a five-year economic and trade cooperation to enhance Chinese investments in Pakistan. Real estate was among the key sectors being identified for the investors to improve Pakistan’s industrial production
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