Edition:
United States

Clare Jim

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Jun 13 2018

Property agents abandon China's resort island as sales plunge on cooling measures

HONG KONG Tough measures to cool the property market in China's resort island of Hainan have put the brakes on a real estate boom and underscore the policy risks developers and investors face as the government tries to rein in prices.

Jun 08 2018

Chinese property developers bet on higher returns with mezzanine loans

HONG KONG Chinese property companies are increasingly tapping expensive mezzanine loans as they seek out higher returns, a trend that could undermine government efforts to cool the country's booming real estate sector and rein in debt.

Jun 01 2018

Developers scrap bond issues as China tightens corporate credit access -sources

HONG KONG, June 1 Chinese property developers Country Garden and Hopson Development this week dropped their plans to issue onshore bonds as regulators tighten access to credit in the overheated sector, sources with knowledge of the matter said on Friday.

May 14 2018

In some Chinese cities, authorities reduce curbs on new apartment pre-sales

HONG KONG/BEIJING The local authorities running several major Chinese cities have begun to ease restrictions on pre-sales of new apartment buildings, and are in some cases for the first time in about a year allowing developers to raise prices slightly.

Apr 30 2018

China's Baidu to sell majority of financial services unit for $1.9 billion

China's Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.

Apr 25 2018

Chinese rental apartment firms issue REITs, but some may struggle to make payouts

SHANGHAI/BEIJING/HONG KONG Chinese real estate companies have found a new tool to raise money - selling units in real estate investment trusts (REITs) backed by rental apartments. There is just one problem - in some cases the rental income may not be enough for the returns that REITs issuers indicated they will pay investors.

Apr 19 2018

TSMC shares slide as revenue estimate cut; other Apple, chip stocks also fall

TAIPEI Shares of Taiwan Semiconductor Manufacturing Co Ltd tumbled and other Apple supplier and chip stocks fell after it cut its full-year revenue target on softer demand for smartphones.

Apr 19 2018

TSMC trims full-year revenue estimate on weaker smartphone demand

TAIPEI Taiwan Semiconductor Manufacturing Co Ltd , the world's largest contract chipmaker, revised its full-year revenue target to the low end of its earlier forecast due to softer demand for smartphones and uncertainty in cryptocurrency mining market.

Apr 09 2018

Chinese real estate firms boost apartment rentals in line with Xi demands

HONG KONG Major Chinese real estate companies are renting more of the apartments they develop as they respond to President Xi Jinping's demand that China should produce homes to live in not to speculate on.

Mar 29 2018

Chinese developers flag higher sales to gain rank

HONG KONG The publication of eye-catching sales targets by many Chinese developers this year has contributed to a sharp rise in their share prices as investors built in rosy expectations for the companies.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary