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Housing rescue plan passed in US new
The House of Representatives has passed legislation that aims to help 400,000 strapped American homeowners facing repossession and prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. |
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Housing legislation a help but no magic wand
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Washington's plan to rescue the housing market may help shore up the U.S. economy as it copes with the worst slump in the housing market since the Great Depression, but don't look for a swift recovery. |
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Tang: HK well-placed to cope with US financial turmoil
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HK well-placed to cope with US financial turmoil: Tang Hong Kong remains in a strong position to cope with financial problems in the United States - ' including the deepening crisis affecting the housing market ... |
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