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Looking to refinance your home loan on a lower rate? Check these three things before calling the bank | Shaun Bond for the Conversation

Banks often advertise lower mortgage rates to attract new customers – but make sure the loan has the features you wantGet our breaking news email, free app or daily news podcastFor homeowners, making sure you’re on a competitive interest rate hasn’t been this important to your household budget in years.The Reserve B…

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Ilocos Sur quake victims to receive housing units

SOME 190 housing units have been turned over to the municipal government of Caoayan, Ilocos Sur, providing permanent shelters for families displaced by a magnitude 7 earthquake and a series of typhoons that devastated Region 1 (Ilocos Region) in 2022, the Department of Human Settlements and Urban Development (DHSUD)…

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PBOC pledges support for stocks as China’s market slide defies rescue efforts

China’s central bank governor has reaffirmed support for the country’s beleaguered stock market after a series of rescue measures failed to put a floor under plummeting share prices. Pan Gongsheng, governor of the People’s Bank of China (PBOC), pledged in a work report presented to the standing committee of the Nati…

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Spanish police dismantle Madrid housing protest camp ahead of snap election

Police on Tuesday dismantled a sprawling tent camp in Madrid which had spearheaded protests over Spain’s housing crisis for more than a month and prompted early elections, police and activists said. Officers closed off much of the Spanish capital’s emblematic Puerta del Sol square on Tuesday morning as municipal cle…

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China’s tech boom borrowing the playbook of its property bust

On October 28, 2026, Unitree, China’s top robotics company, released its first quarterly report since going public in Shanghai. Third-quarter profit fell 17.4%, even as the stock traded at more than 465 times earnings. Those numbers explain why its founder, Wang Xingxing, looked so grim on listing day two months ago…

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Protests in Indonesia over haze; Malaysia’s 1MDB scandal lingers on: 7 Asia highlights

We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Indonesia’s haze crisis becomes rallying point for student anger at Prabowo The protests…

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Furniture becomes marker of wealth

In Seoul, where apartment prices continue to soar, the home remains a significant marker of wealth. For affluent homeowners, owning a desirable property is only part of creating a living space. Carefully curated furniture offers another way to express personal taste and a lifestyle that not everybody can afford. Hom…

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Pyeongtaek apartment turned into meth lab using cold medicine

Police have caught 13 people allegedly involved in an operation that produced methamphetamine from cold medicine at an apartment in Pyeongtaek, Gyeonggi Province, including pharmacy workers accused of supplying the medicine. The Seoul Metropolitan Police Agency said Tuesday that four of the suspects had been referre…

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Beijing removes Hong Kong housing chief Winnie Ho after Tai Po fire resignation

Beijing has formally removed Hong Kong’s housing chief, Winnie Ho Wing-yin, from her post, after she resigned last week to take political responsibility for the deadly Tai Po fire. According to the state-run Xinhua News Agency, the State Council removed Ho from office on Tuesday on the recommendation of Chief Execut…

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‘Sharper, longer slowdown’ predicted for economy as fifth interest rate hike looms

Australia’s central bank expected to hit mortgage holders again on Tuesday, as war in Middle East combines with collapsing house pricesGet our breaking news email, free app or daily news podcastAustralia’s economy is set for a “sharper, longer slowdown”, major bank economists say, as the Reserve Bank is forced to ke…

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Down Under, Going Under: Australian Housing Implodes As RBA Hikes Into The Slump

Down Under, Going Under: Australian Housing Implodes As RBA Hikes Into The Slump For three decades, the one trade every Australian knew by heart was "buy property in Sydney." Now it's disintegrating.That's the gist of a Bloomberg feature from this summer, titled "One of the World's Longest Housing Booms Is Cracking …

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