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Crudeoil yesterday settled up 0.85% at 6295 slightly higher after the US EIA said in i

Silver yesterday settled down -2.11% at 40154 as the dollar rose against major currencies after

Gold yesterday settled down -0.46% at 26347 after Federal Reserve chief Ben Bernanke said the U. S.

Beijing, July 18 - Prices of both new and existing homes continued to rise in most Chinese cities in June, according to official data released Thursday.

Of a statistical pool of 70 major Chinese cities, 63 cities saw month-on-month home price rises. However, the number was down from 65 cities that reported higher prices in May, the National Bureau of Statistics (NBS) said in a statement on its website.

The management of the Invercargill Airport is planning to introduce a departure tax on travelers passing through the airport in order to fund a new terminal building, which would require an investment of $13.3 million.

Energy Mad, a New Zealand based light bulb manufacturer, has entered into an agreement with retailer, Walgreens in the US to sell its Ecobulb light bulbs in its stores during this year.

Walgreens, which is among the largest retailers in the US, will display the bulbs at its 1350 stores around the country. The Ecobulb light bulbs that are sold Ecospirals in the US, will be available to the US consumers on Walgreens shelves for this year under the agreement, in a move that will boost the Kiwi firm's business in the United sates.