Daily Reads

Another edition of Daily Reads:

• Asia Stocks, Korean Won Gain on Stronger Economy (Bloomberg)
• Recent data, particularly the China GDP numbers and the Taiwanese election, have been fueling a market recovery for Asia after a dismal 2011.
• Greek Debt Relief Negotiations in Third Day (Bloomberg)
• If successful, this will potentially mark the beginning of the tournaround for Europe crisis.  Default was foreseen as being inevitable since the beginning.
• China’s Home Market ‘Should Come Down (Bloomberg)
• Continued data from China showing a continued price drop.  Many major cities have seen 3-10% drops in home prices.  This may mark the beginning of the pop of the China property bubble.
• The tax headache for reporting your cost basis as per new 2011 regulations.
• I can't say how annoying this is.