Chinese Firms Are Investing Abroad at Fastest Pace in Eight Years
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
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China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve interest-rate cuts, and as a disappointing earnings release raised concern about the sector’s outlook.
Initial data on US gross domestic product for the first quarter of 2024 is set to confirm an ongoing economic boom amid a tailwind from surging immigration.
A South Florida office skyscraper from Related Cos. landed new finance tenants, including a John Paulson business and a private equity firm that counts Mark Bezos as a founding partner.
May 23, 2019
Bloomberg News
,(Bloomberg) -- Sales of new U.S. homes cooled in April from an 11-year high amid a surge in prices, adding to signs of softness in housing at the start of the quarter.
Single-family home sales fell 6.9% to a 673,000 annualized pace, close to economist estimates following an upwardly revised March reading of 723,000, government data showed Thursday. The median sales price increased 8.8% from a year earlier to $342,200, the highest since December 2017.
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