
Real Estate
Rising interest rates derail property recovery as buyers recut deals
By Katherine Langford
Financial Times
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Hong Kong police have received nearly 20 more reports of unauthorised credit card transactions for iPhone Duo pre-orders over the weekend, bringing the total amount involved to HK$5 million (US$637,100). A police spokesman said that, as of 9am on Monday, the force had received 130 reports of unauthorised credit card transactions for smartphones amounting to HK$5 million. The cases were temporarily classified as “obtaining property by deception” and were being investigated by the Cyber Security...