China’s banks in some big cities have started to lower discounts on lending rates for fist-time home buyers, the China Securities Journal reported on Thursday, joining recent steps to curb financial risks stemming loose credit conditions. More »
Facebook CEO Mark Zuckerberg is seen on stage during a town hall at Facebook’s headquarters in Menlo Park, California September 27, 2015. REUTERS/Stephen Lam/File Photo Facing mounting criticism from islanders and local lawmakers, Facebook (FB.O) CEO Mark Zuck... More »
People leave the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 23, 2016. REUTERS/Ruben Sprich Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few ... More »
U.S.President-elect Donald Trump shakes hands with television personality Steve Harvey after their meeting at Trump Tower in New York, U.S., January 13, 2017. REUTERS/Shannon Stapleton President-elect Donald Trump and Housing Secretary-designate Ben Carson spo... More »
Donald Trump speaks as his son-in-law Jared Kushner (L), daughter Ivanka listen at a campaign event at the Trump National Golf Club Westchester in Briarcliff Manor, New York, U.S., June 7, 2016. REUTERS/Mike Segar/File Photo U.S. President-elect Donald Trump’s... More »
An apartment building is seen on a hazy day in Hefei, Anhui province, March 26, 2014. REUTERS/Stringer/File Photo China’s home prices slowed further last month as a raft of curbs cooled a furious price rally, but a supply shortage in parts of the nation and si... More »
A 3D printed people’s models are seen in front of a displayed Airbnb logo in this illustration taken, June 8, 2016. REUTERS/Dado Ruvic/Illustration Airbnb Inc and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law... More »
Former candidate Ben Carson arrives to attend the third and final 2016 presidential campaign debate between Republican U.S. presidential nominee Donald Trump and Democratic nominee Hillary Clinton at UNLV in Las Vegas, Nevada, U.S., October 19, 2016. REUTERS/M... More »
Hedge funds have struggled of late to keep up their reputation as the sports cars of the investment world, often overtaken in the race for returns by the public buses of portfolios, index funds. More »
Germany has purchased the California home that once belonged to Nobel Prize-wining author Thomas Mann for $13.25 million and plans to preserve the historic property, the real estate company that listed the house said on Thursday. More »
A general view shows Yanjiao, Hebei province, China, November 13, 2015. REUTERS/Jason Lee/File Photo China’s real estate investment growth quickened in October to its highest since April 2014, but analysts say stepped up measures to curb a red-hot housing mark... More »
A man carrying an umbrella passes as storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore, December 17, 2014. REUTERS/Edgar Su/File Photo During Singapore’s full moon festival last month, employer John Kong was focused more on cost-cutting th... More »
Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacanc... More »
Pedestrians inspect cracks near the sinking Millennium Tower in San Francisco, California, U.S. September 14, 2016. REUTERS/Beck Diefenbach San Francisco’s city attorney on Tuesday issued a subpoena to the developers of a luxury condominium high-rise that is t... More »
Australian Treasurer Scott Morrison speaks to journalists at a press conference before delivering the 2016 Federal Government’s budget at Parliament House in Canberra, Australia, May 3, 2016. AAP/Mick Tsikas/via REUTERS Australia has forced the sale of 16 prop... More »
A general view shows a construction site in London, Britain July 7, 2016. REUTERS/Neil Hall There is significant money to be made in Europe by investing and lending where local banks cannot, two prominent private fund managers told attendees of a U.S. hedge fu... More »
Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., August 30, 2016. REUTERS/Lucas Jackson The party looked to be waning for some popular investments in the latest week, with investors trimming expo... More »
BEIJING Home price rises in China slowed in June for a second straight month, adding to fears that a construction-led rebound in the economy may not be sustainable. The property market is a key driver of the world’s second-largest economy and a robust recovery... More »
NEW YORK Donald Trump, who often says he only likes winners, tells one grand tale of loss: In 1990, he nearly went bankrupt and was forced to ask dozens of banks to whom he owed money to change the terms on their loans and forgive some of his debts. It was, th... More »
OTTAWA Canada’s tax authority is probing real estate deals in British Columbia for underpayment of taxes, amid a boom in sales, prices and property flipping, and said on Friday it is not specifically focusing on foreign investors. The Canada Revenue Agency sai... More »
OTTAWA Governments and central banks need a certain amount of coordination so they can discuss policies and consider the implications on debt levels and financial stability over the medium-term, Bank of Canada Governor Stephen Poloz said on Saturday. One good ... More »
BEIJING Colony Capital Inc, the private equity firm founded by U.S. real estate tycoon Thomas Barrack, is scouting cross-border opportunities with Chinese institutional investors, even as growth in the country’s wider economy continues to slow. “It’s the right... More »
HONG KONG China’s home prices in March gained at the fastest pace in almost two years but that growth may slow as local authorities tighten home purchase requirements in the two top performing cities on fears of a bubble forming. The southern city of Shenzhen ... More »
CLEVELAND The Ohio childhood home of serial killer Jeffrey Dahmer, available for rent in time for the Republican National Convention this summer, could have been had for $8,000 a month until Friday afternoon, when the price went up and references to the infamo... More »
MONTREAL Canadian investment in the Manhattan commercial property market is expected to stay strong this year after quadrupling to hit a record in 2015, real estate specialists said. Canadians accounted for almost a third of the $25.6 billion in foreign capita... More »
The iconic Los Angeles mansion of Hugh Hefner, the founder of the Playboy empire, is being put up for sale for $200 million, Playboy Enterprises said, one of the highest asking prices for a private residence in the United States. The Gothic Tudor-style mansion... More »
BEIJING In the Chaoyang district of northeast Beijing, a nondescript wall covered in patriotic posters protects one of the city’s most valuable treasures: a dirt field containing nothing but a few scattered trees. Last month the block sold for 3.3 billion yuan... More »
LONDON Britain’s “woefully inadequate” anti-money laundering system has left the country wide open to corrupt money and terrorism funds and needs radical overhaul, a leading anti-corruption group said on Monday. Each year billions of pounds of dirty money flow... More »
BEIJING Growth in Chinese new home prices quickened in October from a year ago, two private surveys showed, adding to signs of stabilization in the housing market after a raft of government support measures. Prices of new homes in 288 cities rose an average 1.... More »
BEIJING People whose apartments were damaged in explosions in the northeastern Chinese port city of Tianjin can sell their homes to a group of property developers or choose to have the government renovate them, the official Xinhua news agency said. Hundreds of... More »
BEIJING China’s real estate investment growth continued to slow in the first seven months of 2015 due to weak new construction, but property sales and housing investment improved, indicating a mixed recovery in the struggling property market. Property investme... More »
WASHINGTON Donald Trump, the man to beat in this week’s first televised Republican presidential debate, said on Sunday he does not plan to attack his rivals and downplayed expectations for his performance, saying “I’m not a debater.” The combative real estate ... More »
LOS ANGELES (This story corrects paragraph 2: nuns no longer live at the property in July 30 story) Katy Perry, who grew up the daughter of Protestant pastors and rose to fame with the hit song “I Kissed a Girl,” may get her chance to live in a former Roman Ca... More »
LONDON U.S. equities’ share in global portfolios fell to the lowest in at least five years and U.S. bond allocations were also cut as nervous investors started readying themselves for the first Federal Reserve rate rise in almost a decade. But while U.S. asset... More »
