BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming months, the central bank said on Tuesday amid a flagging…
By Tom Sims FRANKFURT (Reuters) – Germany’s property sector is under stress, prompting firms to call for government support, property developers to file for insolvency and share prices of landlords…
By Summer Zhen and Carolina Mandl HONG KONG/NEW YORK (Reuters) – For all the excitement whipped up in China’s markets by the Politburo last week, foreign investors say policymakers’ words…
By John O’Donnell FRANKFURT (Reuters) – Long before Europe faced its debt crisis, Sweden struggled through its own 1990s property crash. Now the country is preparing to use an old…
By David Milliken LONDON (Reuters) – Two thirds of property surveyors think Britain’s commercial real estate market is in a downturn, as higher Bank of England interest rates have brought…
By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up by 34 basis points from…
OCEAN CITY, MD – The Ocean City Police Department seeks assistance from the public in identifying an individual associated with property damage at the north transit station on 144th Street.…
A look at the day ahead in U.S. and global markets from Mike Dolan Another worrying drop in European business activity and a fresh property sector jolt in China encourages…
By Ankur Banerjee, Clare Jim and Marc Jones SINGAPORE/HONG KONG/LONDON (Reuters) -China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one…
By Clare Jim HONG KONG (Reuters) – The market is closely watching whether a unit of Dalian Wanda Group will make a repayment deadline for a $400 million dollar bond…
PHILADELPHIA, PA – Attorney General Michelle Henry recently announced the filing of a lawsuit against Philadelphia area property management company, SBG Management Services, Inc., and its owner and principal, Philip…
By Marie Mannes, John O’Donnell and Chiara Elisei STOCKHOLM/LONDON/FRANKFURT (Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a sure…
By Shankar Ramakrishnan and Matt Tracy (Reuters) – Banks are showing a growing willingness to rework the terms of U.S. commercial real estate loans to prevent defaults, mitigating near-term losses…
NEWARK, NJ – Bankrupt retailer Bed Bath & Beyond has decided to abandon its search for a buyer for its entire Buy Buy Baby business. Instead, the company will seek…
Twitter Threatens Legal Action Against Meta’s New App, Alleges Intellectual Property Violation Jason Cohen on July 6, 2023 Hours after tech giant Meta introduced the Threads social media app Wednesday,…
‘Deeply Damaging’: Conservative Federal Judges Slam Liberal Colleagues For Finding Right To Sleep On Public Property Katelynn Richardson on July 6, 2023 Conservative federal judges slammed a ruling by their…
By David Thomas (Reuters) – Bryan Cave Leighton Paisner on Tuesday said it has picked up a 15-lawyer team from Dentons, including the founder and leader of its global intellectual…
(Reuters) – HSBC on Tuesday lowered China’s economic growth forecast for this year, citing drag from the property sector, and tempered business and household confidence. The global bank now forecasts…
By Rachna Uppal and Yousef Saba DUBAI (Reuters) – Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it…
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds. The U.S. investment…
ODENTON, MD – On Tuesday, the Western District Police Department reported an act of vandalism at Ark and Dove Presbyterian Church located at 8424 Piney Orchard Parkway. The officers responded…
BEIJING (Reuters) – Property investment in China fell at a faster pace in January-May, dropping 7.2% from the same period a year earlier, official data showed on Thursday, adding to…
(Reuters) – China is considering at least a dozen stimulus measures including interest-rate reductions to support areas such as real estate and domestic demand, Bloomberg News reported on Tuesday citing…
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country’s…