IMF Warns of Hong Kong Property Slump

Hong Kong is at risk of an abrupt decline in property prices after gains fueled by low interest rates and a limited supply of new housing, the International Monetary Fund said.
14,000 Jobs May Be Cut at RBS in Overhaul
22:49 - March 4 -- Royal Bank of Scotland Group Plc may cut as many as 14,000 investment-banking jobs, or more than two thirds of the workforce, as part of a plan to focus on the U.K. consumer market, a person with knowledge of the matter said. Bloomberg’s Richard Partington reports on “The Pulse.”
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