BEIJING Property sales in Beijing rose 64.8 percent in 2015, boosted by more favorable housing policies, according to a real estate white paper released by the city's government.
WASHINGTON U.S. consumer confidence held steady in July and new single-family home sales hit their highest level in nearly 8-1/2 years in June, suggesting sustained momentum in the economy that could allow the Federal Reserve to raise interest rates this year. | Video
NEW YORK U.S. single-family home prices rose less than expected on an annual basis in May, and were down from the prior month, a survey showed on Tuesday.
CHICAGO The U.S. government's $2.65 billion operating loan program to help farmers keep their businesses going has already run out of cash, as requests for federal financial assistance grow amid the worst agricultural downturn in more than a decade, U.S. officials told Reuters on Monday.
VANCOUVER British Columbia introduced a new 15 percent property transfer tax on foreign real estate buyers in Vancouver on Monday, one of new measures geared at increasing affordability in the city's red-hot housing market.
SINGAPORE The Singapore central bank's current monetary policy stance remains appropriate and only a marked worsening in the global economy or significant shift to the inflation outlook would prompt a change, its managing director said on Monday.
Interest among Chinese buyers in buying UK property has surged since Britain voted to leave the European Union last month, as the pound's slide has created opportunities to buy at a discount, real estate website juwai.com said on Monday.
LONDON Aviva Investors aims to steer clear of costly fire sales from its frozen property fund and will decide when to reopen for business once it has more concrete market data, the asset manager's CEO told Reuters.
HONG KONG China will not allow conglomerates to use their insurance arms as financing platforms, the sector regulator said, in an apparent warning to companies in a rare and high-profile takeover battle involving insurers.
NEW YORK WeWork Cos, the office-space sharing start-up with an estimated $16 billion valuation, has demanded that one of its tenants take down a blog on a public website that suggests the rate at which members leave has surged in recent months.
Business News Headlines
- European stocks rise, Asia lifted by Japan stimulus
- Apple sells more iPhones than expected, shares jump after hours
- Apple CEO touts future technology amid iPhone worries
- Nintendo posts first-quarter loss, delays launch of accessory for Pokemon GO
- Tesla's Musk sees 'modest' capital raise for next strategic turn |
- Deutsche Bank CEO warns of deeper cuts after quarterly revenue drop
- Volkswagen's $14.7 billion diesel U.S. emissions settlement clears hurdle
- AccorHotels buys concierge group John Paul in Airbnb response strategy
- Australia's big banks team up to challenge Apple on mobile payment apps
- China Southern unit, Xiamen Airlines, to buy Boeing jets for $1.4 billion