News

• Gains in China New-Home Prices Signal Growth Challenge for Li Bloomberg China's new-home prices rose last month in 68 of 70 cities tracked by the government, indicating Premier Li Keqiang will need to maintain efforts to cool the property market even as economic growth slows. Increases in Guangzhou, Beijing and Shanghai ... and more »

• China's Stocks Rise to Seven-Week High as Trading Volumes Surge Bloomberg Trading volumes were 61 percent above the 30-day average, according to data compiled by Bloomberg. The index rose 1.6 percent last week, capping the longest streak of weekly gains in four months, on speculation the government will accelerate economic ... and more »

• Vodafone $100 Billion Stirs Payout, Deal Dreams: Real M&A Bloomberg The windfall would leave Newbury, England-based Vodafone with more cash than every other non-finance company after Apple Inc. (AAPL), according to data compiled by Bloomberg. With Vodafone set to report a drop in annual sales tomorrow amid ... and more »

• Nissan to Sell First Joint Minicar to Expand in Japan Market Bloomberg Nissan Motor Co. (7201) will start selling its first minicar jointly developed with Mitsubishi Motors Corp. (7211) in Japan next month amid increasing demand for smaller, cheaper vehicles. Nissan began production of the minicar at Mitsubishi's ... and more »

• China Development Bank Says $8.1 Trillion Needed for Urban Shift Bloomberg China needs at least 50 trillion yuan ($8.1 trillion) in new investment by 2020 to accommodate a burgeoning population of city-dwellers, according to the president of China Development Bank. China must urgently find special financing channels to ... and more »