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.
Jan 16, 2019
The Associated Press
SAN JOSE, Calif. -- Two cats are living large at a US$1,500-a-month studio apartment their owner rents for them in Silicon Valley, where a housing shortage has sent rents skyrocketing.
The Mercury News reports the 20-pound (9-kilogram) cats named Tina and Louise moved to the studio in San Jose after their owner moved away to college.
The student's father, Troy Good, was unable to keep them and asked friend David Callisch to rent him the kitchen-less studio so he could keep his daughter's beloved cats.
The newspaper reports Good and his cats got a decent deal because an average studio apartment in San Jose rents for US$1,951 a month, according to RentCafe.
Callisch says he feels bad wasting valuable living space on animals during a housing shortage, but he wanted to help a friend.