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SEOUL: Seoul shares rebounded on Thursday from losses the previous session, tracking an overnight Wall Street rally as solid U.S. corporate earnings lifted the S&P 500 index to a two-and-a-half month high. The Korea Composite Stock Price Index ( KOSPI) was up 1.66 percent at 1,824.63 points as of 0240 GMT. Dampening the rebound, though, were sharp falls for shares of Korean banks being probed by authorities investigating how a key interest rate has been set. The overall market got a boost after the S&P 500 hit its highest level since early May, helped by quarterly numbers from bellwethers such as Intel Corp and Honeywell and better-than-expected U.S. housing starts. Seoul's broad market rally lifted 17 of the 19 industry group sub-indices tracked by the main bourse operator Korea Exchange. But analysts remained cautious on whether the rally can be sustained as concerns about growth persist. "There is a dearth of fundamental cues to make any solid bets on," said Lee Woo-jin, an analyst at Woori Investment & Securities. Investors looking for fresh signs of further easing by the U.S. Federal Reserve were left wanting, after Chairman Ben Bernanke repeated the central bank's pledge to act if the economy needed it, but remained tight-lipped over any specific measures. Index-giant Samsung Electronics soared 3.6 percent while SK Hynix rose 1.2 percent. Shares in South Korea's top four banks bucked broader market trend to post steep falls on Thursday after being investigated by the Fair Trade Commission (FTC), the local anti-trust agency, as part of a widening probe into suspected collusion in fixing certificate of deposit rates. Hana Financial slumped 3.5 percent while Woori Finance Holdings tumbled 4.1 percent. Shinhan Financial and KB Financial each declined more than 2.5 percent.

SEOUL: Seoul shares rebounded on Thursday from losses the previous session, tracking an overnight Wall Street rally as solid U.S. corporate earnings lifted the S&P 500 index to a two-and-a-half month high. The Korea Composite Stock Price Index ( KOSPI) was up 1.66 percent at 1,824.63 points as of 0240 GMT. Dampening the rebound, though, were sharp falls for shares of Korean banks being probed by authorities investigating how a key interest rate has been set. The overall market got a boost after the S&P 500 hit its highest level since early May, helped by quarterly numbers from bellwethers such as Intel Corp and Honeywell and better-than-expected U.S. housing starts. Seoul's broad market rally lifted 17 of the 19 industry group sub-indices tracked by the main bourse operator Korea Exchange. But analysts remained cautious on whether the rally can be sustained as concerns about growth persist. "There is a dearth of fundamental cues to make any solid bets on," said Lee Woo-jin, an analyst at Woori Investment & Securities. Investors looking for fresh signs of further easing by the U.S. Federal Reserve were left wanting, after Chairman Ben Bernanke repeated the central bank's pledge to act if the economy needed it, but remained tight-lipped over any specific measures. Index-giant Samsung Electronics soared 3.6 percent while SK Hynix rose 1.2 percent. Shares in South Korea's top four banks bucked broader market trend to post steep falls on Thursday after being investigated by the Fair Trade Commission (FTC), the local anti-trust agency, as part of a widening probe into suspected collusion in fixing certificate of deposit rates. Hana Financial slumped 3.5 percent while Woori Finance Holdings tumbled 4.1 percent. Shinhan Financial and KB Financial each declined more than 2.5 percent. see more details : http://newscenter.springhillgrouphome.com/

SEOUL: Seoul shares rebounded on Thursday from losses the previous session, tracking an overnight Wall Street rally as solid U.S. corporate earnings lifted the S&P 500 index to a two-and-a-half month high. The Korea Composite Stock Price Index ( KOSPI) was up 1.66 percent at 1,824.63 points as of 0240 GMT. Dampening the rebound, though, were sharp falls for shares of Korean banks being probed by authorities investigating how a key interest rate has been set. The overall market got a boost after the S&P 500 hit its highest level since early May, helped by quarterly numbers from bellwethers such as Intel Corp and Honeywell and better-than-expected U.S. housing starts. Seoul's broad market rally lifted 17 of the 19 industry group sub-indices tracked by the main bourse operator Korea Exchange. But analysts remained cautious on whether the rally can be sustained as concerns about growth persist. "There is a dearth of fundamental cues to make any solid bets on," said Lee Woo-jin, an analyst at Woori Investment & Securities. Investors looking for fresh signs of further easing by the U.S. Federal Reserve were left wanting, after Chairman Ben Bernanke repeated the central bank's pledge to act if the economy needed it, but remained tight-lipped over any specific measures. Index-giant Samsung Electronics soared 3.6 percent while SK Hynix rose 1.2 percent. Shares in South Korea's top four banks bucked broader market trend to post steep falls on Thursday after being investigated by the Fair Trade Commission (FTC), the local anti-trust agency, as part of a widening probe into suspected collusion in fixing certificate of deposit rates. Hana Financial slumped 3.5 percent while Woori Finance Holdings tumbled 4.1 percent. Shinhan Financial and KB Financial each declined more than 2.5 percent. see more details : http://newscenter.springhillgrouphome.com/

Housing prices in Chinese cities has decreased while the government still curbs the property market, according to figures from their biggest real estate website last week.   China Real Estate Index System, connected with SouFun Holdings, issued an alert that property prices has last month has marked the biggest fall since September.   Prices of residential houses slip in 72 out of 100 cities surveyed by the firm in the previous month which is 12 more than in January. It basically dropped by 0.3%, according to SouFun. The average housing price is now at USD 1,390 for one square meter, compared to the rates in January.   The report from CREIS shows that the decline size is set to be even bigger in the coming months as more developers offer discounts.   According to a manager of Beijing WorldUnion Properties Consultancy, there is a possibility that the market may bottom out on the middle of the year and price declines might pick up pace. They are estimating that house prices could slide 20-30% on average this year and that the fall will affect the whole nation, including the 3rd- and 4th-tier cities that are previously less affected.

http://newscenter.springhillgrouphome.com/2012/03/springhill-group-home-housing-prices-decline-in-china/ Housing prices in Chinese cities has decreased while the government still curbs the property market, according to figures from their biggest real estate website last week. China Real Estate Index System, connected with SouFun Holdings, issued an alert that property prices has last month has marked the biggest fall since September. Prices of residential houses slip in 72 out of 100 cities surveyed by the firm in the previous month which is 12 more than in January. It basically dropped by 0.3%, according to SouFun. The average housing price is now at USD 1,390 for one square meter, compared to the rates in January. The report from CREIS shows that the decline size is set to be even bigger in the coming months as more developers offer discounts. According to a manager of Beijing WorldUnion Properties Consultancy, there is a possibility that the market may bottom out on the middle of the year and price declines might pick up pace. They are estimating that house prices could slide 20-30% on average this year and that the fall will affect the whole nation, including the 3rd- and 4th-tier cities that are previously less affected. Several developers in China are permitting first-time homeowners to postpone their downpayments in order to boost their sales. Sellers did advance the 20% left, something that buyer don't have to return for up to 3 years. Although there has been a widespread price fall, deals in Shanghai and Beijing have rebounded in February. Despite of this, property developers are still pessimistic. While the market correction continues, several developers of property is set to alter their business portfolios to adapt in the changes. According to the China Real Estate Index System, housing prices in 100 prime ci

http://www.jeteye.com/jetpak/d7fad668-4808-4692-bc8c-fbcfe91fc31f/  News Center - Springhill Group Home Loans Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services. Springhill Group Home has a wide network of contacts from different loan companies within United States and Asia catering to towns & cities spread across the country providing housing loans and property advisory services. For inquiries, email us at info@springhillgrouphome.com background-color: white; line-height: 1.3; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: