U.S. Mortgage Crisis led to the Global Credit Crisis

Real estate markets across Asia, has been a mixed reaction to the global credit crisis and the consequences of the U.S. mortgage crisis. Some markets, like Japan, has slowed down parallel, while other subtle advantage of the situation. Japan has experienced a record peak of property prices in the third quarter of 2007. But since [...]

Full Story »

While Oil become as the New Gold

“Oil has become the ‘new gold’ – a financial asset in which investors seek refuge as inflation rises and the dollar weakens,” said Daniel Yergin, chairman of CERA and executive vice president of IHS. “The credit crisis has been fueling the flight to oil and other commodities, and that will last until the dollar strengthens [...]

Full Story »

Online Resource

Site Info