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Germany's housing sector slumps into crisis
Germany's housing sector slumps into crisis
Business and Economy
by  AFP

Valeriy Shevchenko felt like he made the purchase of his lifetime when he beat a queue of prospective buyers to secure a two-bedroom apartment in one of Berlin's most popular districts. My money is the fruit of my labour," said Shevchenko, who had already paid up 250,000 euros ($266,100) for the apartment he bought for half a million euros.

Desperate eSports fans in ticket-grabbing frenzy at Asian Games
Desperate eSports fans in ticket-grabbing frenzy at Asian Games
Business and Economy
by  AFP

ESports tickets costing up to $137 are like gold dust at the Asian Games with desperate fans signing up multiple times through a lottery system in hope of seeing their gaming heroes live. Underlining just how popular it is, eSports is the only competition at the Games where tickets were allocated through an initial online lottery, before being opened up last week for direct purchase.

Asian markets struggle as traders prepare for higher rates
Asian markets struggle as traders prepare for higher rates
Business and Economy
by  AFP

Asian markets were mixed Monday as investors contemplated the possibility the Federal Reserve will hike interest rates again and keep them at three-decade highs as officials struggle to contain inflation. And Asia struggled in early exchanges Monday, with Hong Kong off more than one percent while Shanghai, Sydney, Seoul, Wellington, Singapore and Jakarta were also lower.

Hollywood writers, studios reach tentative deal to end strike
Hollywood writers, studios reach tentative deal to end strike
Business and Economy
by  AFP

Striking writers whose industrial action has brought Hollywood to a standstill said Sunday they had reached a deal with studios that could see them go back to work. They have manned picket lines for months outside offices including Netflix and Disney, and -- after they were joined by striking actors in mid-July -- have brought the US entertainment industry to a costly standstill.