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’.
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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.
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.
Donald Trump lost his bid to prevent testimony from a porn star and a Playboy model at the former president’s criminal trial in New York, where he’s accused of falsifying business records related to hush-money payments before the 2016 election.
Aug 2, 2017
The Canadian Press
VANCOUVER - The Real Estate Board of Greater Vancouver says the typical price of a home in Metro Vancouver has surpassed $1 million.
The board says the composite benchmark price for all residential properties in the area is currently $1,019,400, up 8.7 per cent from July 2016.
The benchmark price for detached properties in the area is about $1.612 million, for attached properties $763,700 and for apartments $616,600.
While home prices jumped, there were more listings and fewer sales in Metro Vancouver last month.
The board says there were 2,960 residential property sales in the region -- down 8.2 per cent from a year ago -- and 5,256 properties were newly listed for sale last month. That brought the total number of properties above 9,000 for the first time this year.
Today also marks the one-year anniversary since the province's former Liberal government imposed a 15-per-cent foreign buyers' tax, aimed at cooling the hot housing market. The new NDP government has said it's reviewing whether the tax and other measures were effective.