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- Using trousers to cover faces, making offers through the window and virtual viewings – here are some ways British homebuyers are figuring out the 'new normal' The UK property market was effectively closed at the end of March because of coronavirus restrictions, with early data showing sales down dramatically in April. The English property market reopened May 13, with a new focus on virtual property viewings and new safety measures introduced at every step of the process. Personal protective equipment and social distancing are now normal features at home viewings, with one woman saying she needed to cover her face with a pair of her daughter's trousers to be let in. Visit Business Insider's homepage for more stories. A shiny suit and a flashy car used…
- Xi Jinping urges China's army to prepare for armed combat as Hong Kong protests restart over a new bill that would strip away the city's freedoms Chinese President Xi Jinping urged his army to increase its readiness for "armed combat" as officials say the country faces new security threats. Xi told Chinese military officers on Tuesday that it was "necessary to step up preparations for armed combat" and improve the military's ability to carry out missions. Xi's comments came as China announced a 6.6% spending increase to its national defense budget. China is planning to pass controversial national security laws for Hong Kong on Thursday in an apparent effort to crack down on anti-Beijing sentiment. Visit Business Insider's homepage for more stories. Chinese President Xi Jinping…
- Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package Global stocks are mixed Wednesday as investors weigh rising US-China tensions and the growing implications of a new draconian law on Hong Kong, while Europe awaits the launch of a major new stimulus package. S&P futures rose 1.6% and the pan-continental Euro Stoxx 50 rose 1.6%, while Hong Kong's Hang Seng traded lower by 0.5% on Wednesday. On Tuesday, US President Donald Trump added to tensions by promising "interesting" action on China by the end of the week. Separately, the White House press secretary specified Trump would consider sanctions on a range of Chinese officials, businesses, and financial Institutions. On…