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CHAN: In China the first week of October is called the "Golden Week" in the real estate trading market. It's usually the busiest time for property trading, with great promotions and deals. But this year it wasn't very booming... as sales took a sharp decline. NTD spoke with one economist to find out why. STORY: According to the statistics from the Beijing Property Trading Management Network, from the 29th of September to the 4th of October, only…
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CHAN: The Ukrainian president has abandoned the search for a coalition to take over from the current government. The parliament is now dissolved and an early election has been called. STORY: President Viktor Yushchenko delivered his message via recorded television. [Viktor Yushchenko, Ukrainian President]: "I hereby declare the activities of Ukrainian Parliament to be suspended and call an early parliamentary election.” Yushchenko has…
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CHAN: Now let's look at the latest developments on Wall Street. Central banks are cutting interest rates to try and get some stability and positivity back into the market. But by lunchtime, investor sentiment had turned decidedly negative. Let's take a look. STORY: U.S. markets went on a wild ride early Wednesday as investors digested a coordinated emergency rate cut from central banks around the world. Led by the Federal Reserve's half-point…
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CHAN: It is three years since the earthquake shook Pakistan and Kashmir. Survivors still grieve over their reduced circumstances and mourn the loss of loved ones. STORY: Three years after a 7.6 magnitude earthquake shook Kashmir and Northern Pakistan's mountainous region, life has yet to return to normal for Sahib Jan. She is one of the around 3.5 million survivors who were rendered homeless by the killer quake. Wife of a retired police constable,…
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CHAN: Over a hundred people in two villages of China's Guangxi province have fallen ill after drinking water containing dangerous levels of arsenic, according to China's state-run Xinhua News Agency. Xinhua says 136 people are showing signs of arsenic poisoning, including vomiting, facial swelling and blurred eyesight, and urine tests are displaying unusually high amounts of arsenic. The drinking water contamination seems to have come from a nearby…
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