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Theres very little room for the more than seven million residents. But there are plenty of buyers for luxury apartments a profitable business for real estate companies. Buying an apartment is barely affordable even for the middle class its long been the norm for them to spend half their income on rent or a mortgage. For many, hong kong is a housing nightmare. Because of her efforts to help, today shes visiting the home of 13yearold chak ming. Owners here have subdivided many of the apartments into minilodgings, known as shoeboxes. With just a parttime job and welfare, all this mother and child can afford are about twoandahalf square meters, with a bunk bed and a small table. The mother cries a lot, and wishes she could provide Something Better for her son. Our apartment should really be big enough so that my son and i can move around freely. Here, its so small that we can only enter the room one at a time. Reporter chak ming won ....
Starts in the sale of its brazilian unit. Meanwhile, the german bank profits double. Heineken shares maintains guidance in strength in most of its markets upsets weak demand in africa. It tells cnbc is can weather the challenges. If you look at the next coming 25 years, the first big positive for our industry was some hiccups, but they will remain positive for the long time. Good morning, everyone. Lets get straight to some Macro Economic data in the form of eurozone july manufacturing pmi. That came in 52. 4. Versus a forecast of 52. Slightly better than expected. The june was 52. 5. What were seeing in july a tine will slowdown. Lets just go through the different economying. Spains Manufacturing Sector saw a surprise slowdown in the month of july 53. 6 below expectations but still expanding but we saw the fastest rise in employment since the start of 2007. Lets also t ....
Tuesday section session. These currencies are climbing against the dollar, these gaining. Rising. Lds are i want to get to the corporate give, novartis planning to its division an extra year and a half to rebounded before they decide to spin it off. They reported their first quarterly profit increase in almost three years. Drag foreen a bit of a has been a biton of a drag for novartis. Shares in novartis today down by 3 . A considerable increase in third half petrochemicals and intermediates such as assets and solvents helped drive process. Investor attention likely to focus on the agricultural product side after a six alien dollar purpose six billion dollar purchase. Unicredit reporting a sixfold jump in thirdquarter profits, driven by the sale of its pie and near Global Asset Management division. , partlyfell by 3. 9 upset by higher revenue from fees and commissions. Unicredit shares up 1. 75 . We are 90 minutes into th ....
Involved with that this bedeviled with two administrations in 2014 with president barack obama who, waded into a great deal of controversy, swapping five taliban, what they call terrorists at time, but taliban lieutenants as they were known at the time for bergdahls release. Bowe bergdahl, the former hostage who pleaded guilt toy to desertion will not be going to prison. Connell mcshane with much more on this and the implications of this. Connell . Reporter jaws dropping to your point. Military judge find that bobo bergdahl should no, no prison time at all for walking off the base. He gave him disHonorable Discharge. Reduced rank to private. He must forfeit pay, 1000 a month for 10 months. It was a guilty plea here. Guilty plea to desertion and misbehavior before the enemy. He faced, could have, went to prison for life. He faced up to life in prison as a possibility. But, you know the thing is, there was a lot of leeway for t ....