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[Hang Seng Index reaches the bottom ; Luxury property market ; U.S. property market ; Financial Planner Awards] (11 Nov 2008)

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MARKET WATCHERS HAVE BEEN HOPING THAT NEW US PRESIDENT BARACK OBAMA CAN THINK OF WAYS TO BOOST THE US ECONOMY, INCLUDING STABLISING WHAT SEEMS TO BE THE ORIGIN OF THE FINANCIAL TSUNAMI, THE US PROPERTY MARKET. THE LATEST FIGURES SHOW PRICES CONTINUING TO DECLINE, WHILE THE FORECLOSURE SITUATION IS RISING. MONEY MAGAZINE TAKES A LOOK AT HOW BAD THE SITUATION IS.

Program: 
Money Magazine
Publish Date: 
Tuesday, November 11, 2008
Station: 
TVB
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