From CNBC: 2025-03-20 21:56:00

UBS analysts predict China’s real estate market is close to stabilizing after years of decline. Improving sales in major cities indicate positive signals. They forecast home prices to stabilize in early 2026, earlier than previously expected. However, data still shows a struggling property market, with real estate investment falling by nearly 10% in the first two months of the year. Analysts emphasize the importance of consumer confidence for sector recovery. 1. The United Nations reports that nearly 400,000 people in Ethiopia’s Tigray region are facing famine conditions, with millions more at risk of food insecurity due to ongoing conflict and limited humanitarian access.

2. In response to rising COVID-19 cases, Japan’s government has declared a state of emergency in Tokyo, extending through the upcoming Olympic Games. Restrictions include limited attendance at events and the closure of bars and restaurants.

3. The European Union has reached a landmark agreement to cut carbon emissions by at least 55% by 2030 compared to 1990 levels. This ambitious goal aims to combat climate change and transition to a more sustainable economy.

4. American singer Britney Spears has spoken out against her conservatorship in a court hearing, describing the arrangement as abusive and controlling. The pop star is seeking to end the legal guardianship that has been in place since 2008.

5. Tech giant Apple has announced updates to its privacy features, including the ability for users to block tracking by advertisers in apps. This move has sparked controversy with companies like Facebook, which rely on targeted advertising for revenue.

Read more: China’s property market edges toward an inflection point