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China set to post slowing growth on housing, consumption woes
China set to post slowing growth on housing, consumption woes

China's economy is expected to have slowed in the first three months of the year as it continues to be buffeted by a debilitating property sector crisis and flagging consumer activity. And analysts say state pledges of support for the property sector are yet to sway the market or consumers.

Stocks hit by Iran's Israel strike, hopes for containment stem losses
Stocks hit by Iran's Israel strike, hopes for containment stem losses

Equities tumbled Monday in Asia after Iran ramped up Middle East tensions by launching a barrage of rockets at Israel over the weekend, fuelling fears of a wider conflict in the volatile region. Still, Saxo's Redmond Wong said: "All eyes remain on whether there will be any response from Israel and markets will likely be volatile in the day ahead to any geopolitical headlines."