Trading Floors Buzz With Excitement as BOJ Axes Negative Rates
One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
Latest Videos
The information you requested is not available at this time, please check back again soon.
One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.
A Vietnamese real estate tycoon on trial in a $12 billion fraud case should receive the death penalty for allegedly bribing government officials, violating bank lending regulations and embezzlement, government prosecutors proposed to the Ho Chi Minh City People’s Court, VnExpress news website reported.
Japan’s real estate shares were the biggest winners on Tuesday after a widely expected move by the Bank of Japan to end its negative rates regime, with investors focusing on the dovish tone by the central bank and the inflation outlook.
The painful decoupling offers a glimpse of what awaits both sides if the war in Gaza permanently ruptures ties.
Jul 13, 2017
The Canadian Press
VANCOUVER -- The British Columbia Real Estate Association says June home sales fell short of record levels set last year but demand remains well above average.
The association says 11,671 homes sold in June, down 9.6 per cent from the same period in 2016.
The total amount of money changing hands was $8.47 billion, a 5.6-per-cent dip compared to the year earlier.
The average price of a home continues to climb, nudging $726,000 last month, a jump of 4.4 per cent over June 2016.
Association economist Brendon Ogmudson says the health of the B.C. housing market is supported by a strong provincial economy and vigorous job growth.
He says the lack of homes for sale is responsible for continuing increases in property prices.