
Worsening China Earnings Are Giving Bears More Reasons to Sell
China’s weakening earnings are dashing hopes for a stock market rebound, with some investors bracing for more pain as the economic slump looks set to continue.
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China’s weakening earnings are dashing hopes for a stock market rebound, with some investors bracing for more pain as the economic slump looks set to continue.
Balyasny Asset Management has quadrupled the amount of investments its Asia equities team can oversee, in part by hiring as investors turn to hedge funds that employ diverse strategies to weather increasingly turbulent markets.
(Bloomberg) -- Japanese investors are spending the most in two decades to buy up properties overseas, undeterred by the global real estate slump and the yen’s decline to a 50-year low.
Luxury builder Toll Brothers Inc. reported weaker-than-expected quarterly orders as a surge in mortgage rates slowed demand.
At a Capitol Hill meeting designed to hold bank leaders accountable, some of Wall Street’s top brass will instead air their own complaints.
Jan 8, 2019
The Canadian Press
MONTREAL - The Greater Montreal Real Estate Board says home sales in Quebec's largest city climbed higher in December to hit a new record for the month.
The board says there were 2,825 home sales in Montreal in December based on the Centris provincial database, up three per cent from 2,755 in December 2017.
It says it was the 46th consecutive monthly sales increase.
Sales of single-family homes rose three per cent to 1,491 compared with 1,441 a year ago, while condominium sales increased two per cent to 993 compared with 973 a year earlier.
Sales of plexes, which include two to five units, slipped to 336 compared with 339 in December 2017, while the median plex price was up eight per cent at $525,000.
The median single-family home price increased seven per cent to $327,450, while the median condominium price rose three per cent to $272,863.