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.
Feb 20, 2017
The Oracle of Omaha is listing his Laguna Beach property for US$11 million. Warren Buffett’s six-bedroom Orange County retreat is on the market in the tony enclave, allowing prospective buyers to pick up the 3,855-square foot house built in 1936, where the average home sells for $1,832,500, according to data compiled by Zillow.
The billionaire investor bought the property in 1971 for a paltry US$150,000, reportedly because his first wife, the activist Susan Buffett, enjoyed the area. The Los Angeles Times reports Buffett poured considerable cash and resources into the property over the course of five decades in order to update the finishings and amenities. According to the listing, the home has six bedrooms, seven baths, ocean view – but no cooling system.