More People are Buying Gucci Handbags

PPR SA may rise in Paris trading after saying it’s confident of revenue and profit growth in 2012 and reporting a 16 percent gain in third-quarter sales, led by demand for luxury goods such as Gucci bags and Bottega Veneta wallets.

GIC's Goh Kok Huat on China Home Prices
38:29 - Singapore's sovereign wealth fund, GIC, says China's home prices still have room to rise. The residential markets in Beijing and Shanghai have already surged this year, but GIC expects a population influx to further boost demand. So how might a U-S rate rise, contrasted with easing in Asia, affect prices? Bloomberg's Haslinda Amin put that question to GIC's real estate president, Goh Kok Huat. (Source: Bloomberg)
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