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U.S. economy unexpectedly lost 23,000 jobs in July●Beijing says 20% offshore insurance tax not new – and does not target Hong Kong●Gold prices today, Friday, August 7, 2026: Gold prices continue to rise ahead of July jobs report●EIH shares drop 6% after the announcement of Q1FY27 results●July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk●Wendy's is cutting its dividend and pulling its full-year forecast as its turnaround drags on●Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday●K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle●U.S. economy unexpectedly lost 23,000 jobs in July●Beijing says 20% offshore insurance tax not new – and does not target Hong Kong●Gold prices today, Friday, August 7, 2026: Gold prices continue to rise ahead of July jobs report●EIH shares drop 6% after the announcement of Q1FY27 results●July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk●Wendy's is cutting its dividend and pulling its full-year forecast as its turnaround drags on●Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday●K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle●

Asia

Mumbai luxury home sales hit record Rs 18,512 crore in H1, growth likely to moderate: Report

Markets-Economic Times · 1h ago · 🇮🇳 India

Mumbai luxury home sales hit record Rs 18,512 crore in H1, growth likely to moderate: Report

Mumbai's luxury housing market recorded its highest-ever half-yearly sales of Rs 18,512 crore during the first half of 2026, but the pace of growth is likely to moderate in the coming quarters due to the exceptionally high base and a more cautious economic and equity market outlook, according to a joint report by India Sotheby's International Realty and CRE Matrix.

Read the full story at Markets-Economic Times →

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Beijing says 20% offshore insurance tax not new – and does not target Hong Kong

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Quote of the day by Philip Carret: "I’m an optimist, both as a person and an investor. It’s a big mistake to be pessimistic as long as we have a viable civilization which is reasonably well managed"

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