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01.12.25 - 02:36
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Hong Kong home sales recovery looks more solid as prices edge up (SCMP)
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Hong Kong's property market is expected to extend its gradual recovery into the end of the year, supported by improving sentiment, rising rental yields and firmer demand in the mass-market segment, according to property analysts.
The latest mortgage and resale data suggest that buyers are returning following rate cuts and stamp-duty adjustments earlier this year, although the pace of improvement remains uneven across districts and price brackets.
Mortgage registrations continued to climb in......
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01.12.25 - 02:03
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Tariff Revenue Surges To Record High Of $31.4 Billion In October (ZeroHedge)
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Tariff Revenue Surges To Record High Of $31.4 Billion In October
Tariff revenues surged to $31.4 billion in October, setting a new monthly record as the Trump administration's trade policies continue to remake U.S. trade flows and reshape the federal government's balance sheet, according to newly released Treasury Department data.
The Monthly Treasury Statement for October, published on Nov. 25, shows net customs duties totaling $31.4 billion, surpassing all prior monthly readings and marking the strongest single-month tariff haul since the modern reporting era began. Treasury records show gross customs receipts of roughly $33.1 billion, offset by about $1.7 billion in refunds, resulting in the $31.4 billion net figure.
The record inflow points to the profound fiscal impact of President Donald Trump's tariff policies, which imposed a 10 percent baseline levy on most imports beginning earlier this year and included a series of reciprocal and country-specific duties that pushed some tariff ra...
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30.11.25 - 15:36
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Bakery chain Gail′s plans to open 40 more outlets as sales soar (The Guardian)
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Sales rose to £278m in last finanical year but profit margins were hit by increasing staff and energy costsThe upmarket bakery chain Gail's is planning 40 more outlets after sales rose by a fifth last year as it opened 36 new bakeries and sales to supermarkets increased.The cafe and retailer, which currently has 185 sites, said sales rose to £278m in the year to the end of February but that pre-tax losses widened to £7.8m, from £7.4m a year before, as costs rose and it spent millions on opening new outlets. Continue reading......
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