Singapore’s richest property dynasty’s earnings took a severe hit last year, in part due to its contentious investment in a Chinese developer that has driven a rift in the billionaire family.
Searches for houses in the U.K. hit a record last week with the end of the third national lockdown in sight.
Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help take you through to the weekend.
Rocket Companies Inc., one of the nation’s largest mortgage lenders, reported a 277% increase in quarterly profit, punctuating a record-setting year as the home-loan specialist rode the U.S. housing rally.
YieldStreet Inc., the online firm that offers esoteric investments to affluent individuals, is exploring establishing a special purpose acquisition company, according to people with knowledge of the matter.
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