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European real estate companies remain well placed to weather the still struggling economy, particularly in Germany and the U.K., according to global ratings agency Standard and Poor's.
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Dubai should regulate the pace of its real estate market rebound to prevent another boom-bust scenario, a senior official at the International Monetary Fund said on Tuesday.
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Longtime CIT Group Inc. (CIT) executive Glenn Votek has left the business lender and is joining Annaly Capital Management Inc. (NLY), a real-estate investment trust, to become chief administrative...
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Even though there are signs of recovery in the U.S. economy, there are no signs the Federal Reserve will turn off its monetary stimulus anytime soon, Federal Reserve Bank of Chicago President...
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Citigroup Inc Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday ,as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue...
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More than 20 people were injured Monday when a rest area outside a Cambodian garment factory collapsed and fell into a pond, adding to recent worries about safety in the country's garment sector.
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Citigroup Inc Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday ,as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue...
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Although economic growth slowed in recent months, Fannie Mae expects a modest re-acceleration in the second half of the year as the labor market regains traction.
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Singapore property developer CapitaLand Ltd. (C31.SG) is seeking to raise S$650 million (US$518 million) through a seven-year convertible bond issue, a term sheet seen by Dow Jones Newswires said...
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Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap...
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Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.
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Alpine, the Austrian unit of Spanish construction group FCC , will hold talks with its owners on how to meet its financing needs and has many options open, Chief Executive Arnold Schiefer said.
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China's housing inflation accelerated to its fastest pace in April in two years, driven by a jump in prices in Beijing and Shanghai, complicating the task of policymakers trying to cool the...
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Average new home prices in China's 70 major cities rose 4.
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A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.
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SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities.
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Asian stock markets traded mostly higher Friday, with Japanese blue chips swinging to gains in the afternoon session.
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Japanese blue-chip stocks fell Friday, extending losses into a second day after sharp gains earlier in the week, though Chinese and Australian shares inched higher.
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PORTLAND, Ore.--The leader of the Federal Reserve Bank of San Francisco is open to cutting the central bank's bond-buying program at some point over the next few months, provided the economy...
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A trio of hawkish regional Federal Reserve officials are calling for the central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market.
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Housing, particularly new home construction, will be the driver for new jobs to boost economic recovery, mortgage-finance company Freddie Mac (FMCC) said in its latest review of the U.S. economic...
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Housing, particularly new home construction, will be the driver for new jobs to boost economic recovery, mortgage-finance company Freddie Mac (FMCC) said in its latest review of the U.S. economic...
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A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market.
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A plan to roll the Empire State Building into a real estate investment trust is a whisker away from obtaining the necessary investor approval for a stock offering allowing the public to own a...
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Brazilian stocks were slightly lower Thursday morning amid weak U.S. data and a streak of disappointing earnings reported by some local companies.
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Construction of new homes sank last month, a sign of weakness for a part of the economy that has been in recovery mode.
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Housing starts dropped 16.5% in April to an annualized 853,000-unit rate. Permits for the month increased 14.3%, the highest since June 2008.
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Ground-breaking for new homes plummeted more than expected in April from an almost five-year high, but applications to build new homes shows the housing sector could still contribute to the...
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The Richmond Fed president said an improving housing market suggests it is time for the central bank to stop aiming its stimulus at the sector.
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Blackstone's asset managers are trying to convince investors that shares in their own firms are a bargain.
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Philippine conglomerate San Miguel Corp. (SMC.PH) will be removed from the MSCI Global Standard indices as the stock index undergoes rebalancing, the investment research firm said Thursday.
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DDR Corp. (DDR) plans to acquire a portfolio of shopping centers from its joint venture with Blackstone Group L.P. (BX) in a $1.46 billion deal.
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Retirement village operator Ryman Healthcare Ltd. (RYM.NZ) full year net profit rose sharply as the company continues to expand, opening new villages and facilities in New Zealand.
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Starwood Hotels & Resorts says it will grow its hotel footprint in Latin America by 50% over the next five years.
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London's benchmark stock index rose for a 10th straight trading session Wednesday, after the Bank of England said it has become more upbeat about the U.K.'s growth prospects.
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London's benchmark stock index was on track for a tenth straight day of gains on Wednesday, after the Bank of England said it has become more upbeat on the U.K.'s growth prospects.
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U.S. home builders' confidence rose this month, with sales expectations rising to the highest level in more than five years, a sign the housing market will keep driving the economic recovery.
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U.S. home builders' confidence rose this month, with sales expectations rising to the highest level in more than five years, a sign the housing market will keep driving the economic recovery.
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The total number of mortgage applications filed in the U.S. last week fell 7.3% from the prior week as several interest rates declined, the Mortgage Bankers Association said Wednesday.
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Hongkong Land Holdings Ltd. (H78.SG), an Asian property investment, management and development group, said Wednesday rental reversions in its Central office portfolio continued to be largely...
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Thailand's largest property developer Central Pattana PCL (CPN.TH) and two members of the billionaire Chirathivat family that controls the company are raising $367 million through a share sale,...
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Philippine conglomerate San Miguel Corp. (SMC.PH) said Wednesday negotiations for the sale of its bank unit has been slowed by its ownership of real estate assets, including foreclosed properties.
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Mining firms weighed on London's benchmark index on Wednesday as most metals prices headed south, while London Stock Exchange Group PLC and EasyJet PLC jumped after well-received earnings reports.
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Japanese shares soared Wednesday on the back of a weaker yen and strengthening expectations for earnings growth, sending the benchmark Nikkei Stock Average above the 15,000-point level for the...
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Philippine conglomerate Alliance Global Group Inc. (AGI.PH) said Wednesday first-quarter net profit rose 18% from the year-earlier period, buoyed by good performances at its property development,...
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Central Pattana PCL (CPN.TH) and two of its shareholders are raising US$367 million through a share sale, the latest company to tap into the buoyant Thailand stock market, a term sheet seen by Dow...
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Japanese shares soared Wednesday on the back of a weaker yen and strengthening expectations for earnings growth, sending the benchmark Nikkei Stock Average above the 15,000-point level for the...
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Brazilian stocks were nearly flat at closing Tuesday, when early optimism about the global economy was tempered with some disappointing results by local companies and a bill to reform the...
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