May 16, 2024 | Markets
Authorities cut minimum down-payment ratio for homebuyers Bloomberg gauge of Chinese real estate stocks rises 9.9% Shares of Chinese property developers extended a rally after Beijing announced forceful measures to shore up the beleaguered property market. A Bloomberg...
May 16, 2024 | Markets
New home construction increased in April after down revisions Proxy for future building fell to lowest since the end of 2022 New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates...
May 15, 2024 | Markets
GDP data for last quarter of 2023 revised to show no growth Consumption, business investment, net exports all exert drag Japan’s economy shrank in the first quarter as consumers and companies cut spending, extending a dismal performance that stretches back to last...
May 15, 2024 | Markets
Bridgewater Associates Chief Executive Officer Nir Bar Dea warned investors of becoming too overconfident in their positions as geopolitical risks impact markets around the world. Bridgewater has been working with clients to stress test their portfolios amid tensions...
May 15, 2024 | Markets
US should cancel the added tariffs, Commerce Ministry says Analysts see measured response from Beijing before election China blasted the Biden administration’s move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without...
