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Shanghai’s housing rents, hotel rates fall by 50% expo

By Agency Reporter Saturday, 4 Dec 2010 SHANGHAI: Shanghai’s apartment rents and hotel room rates near the World Expo site fell as much as half as China’s biggest international event this year ended, Bloomberg reported on Thursday. Rents on a two-bedroom apartment in the neighborhood, which fetched from 6,000 yuan ($900) […]

Distressed homes in US sell at biggest discount

By Agency Reporter Saturday, 4 Dec 2010 NEW YORK: United States homes in the foreclosure process sold for about 32 per cent less than non-distressed properties in the third quarter, the biggest discount in five years, as buyer demand slumped, according to RealtyTrac Incorporation, Bloomberg reported on Thursday. The average discount […]

ATM fraud: Bank customers, officials assess MasterCard’s valve

By NIKE POPOOLA and STANLEY OPARA Saturday, 4 Dec 2010 Although many banks have replaced their former ATM card with Master Card, which has more security features, some people are still not impressed about the device, NIKE POPOOLA and STANLEY OPARA report.   The unpleasant experience Mr. Wale Atolagbe had last […]