Hong Kong Stocks Are on Their Longest Winning Streak Since 2018
Hong Kong stocks are on their longest-winning streak since 2018, with a growing chorus of market watchers saying the worst of a years-long selloff is probably over.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Hong Kong stocks are on their longest-winning streak since 2018, with a growing chorus of market watchers saying the worst of a years-long selloff is probably over.
Greg Ward, the Macquarie Group Ltd. banker in charge of the firm’s drive to grab a bigger slice of Australia’s mortgage market, will earn more than the boss of the country’s biggest bank for home loans, as the far smaller rival chips away in the ultra-competitive industry.
Deutsche Bank AG plans to double the assets it manages for rich families in Southeast Asia and the Middle East over the next five years, tapping growing ties between ultra-rich clans in both regions, the lender’s global private banking head said.
The jury in Donald Trump’s hush money criminal trial heard a secret recording in which the former president discussed a payment with his then-lawyer Michael Cohen months before the 2016 election.
A “broken” model in banking is creating issues for financing in the commercial real estate industry, according to Josh Zegen, co-founder of Madison Realty Capital.
Dec 2, 2016
BNN Bloomberg
Home sales in the Vancouver region totalled 2,214 in November, down 0.9 per cent from October and 37.2 per cent lower than November 2015 when 3,524 homes sold, according to The Real Estate Board of Greater Vancouver.
Sales in November were 7.6 per cent below the 10-year sales average for the month. The benchmark selling price was $908,300, down 1.2 per cent from October 2016.
"While 2016 has been anything but a normal year for the Metro Vancouver housing market, supply and demand totals have returned to more historically normal levels over the last few months," Vancouver board president Dan Morrison said in a statement, without specifically referencing the surplus 15 per cent property transfer tax that was applied on foreign buyers starting in August.
Morrison also noted the slowing demand for detached homes in Vancouver; 638 of those properties traded hands in the month, marking a 52.2 per cent plunge in activity from November 2015.
-With files from the Canadian Press