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China Shares End Lower As Property Stocks Hit By Central Bank Comments

China shares ended 0.2 percent lower on Monday, led by property developers, after the head of the Chinese central bank said that the government was not using bank reserve requirement ratio (RRR) cuts to help the stock market and the property sector.

UAE Real Estate Developers ALDAR, Sorouh Eye State-backed Merger

Abu Dhabi's Aldar Properties, rescued twice by the government with bailouts totaling $10 billion amid a property slump, may merge with local rival Sorouh Real Estate in a state-backed tie-up, the two firms said on Sunday.

Should UK Adopt Vince Cable's Wealth Tax on Mansions? [ANALYSIS]

Liberal Democrat business secretary's idea of taxing mansions has as many enemies as friends. (Business Secretary Vince Cable wants to introduce a "mansion tax" on properties worth over £2m (Reuters) ) In the build-up to Chancellor George Osborne's 21 March budget, the two component parties of the coalition government are engaged in a fierce public policy battle.