China’s homebuyers are starting to come back
More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China.
Australia to ban TikTok on government devices over security concerns
The move underscores growing worries that China’s government could use the Beijing-based company to harvest users’ data to advance its political agenda.
Manhattan real estate sales plunge 38%, but cash deals hit all-time record
Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile.
Malaysia prime minister says Petronas project in South China Sea is in Malaysian territory
China was worried that “Petronas has carried out a major activity at an area that is also claimed by China,” Anwar said during his visit to China last week.
L’Oreal buys luxury brand Aesop from Brazil’s Natura for $2.5 billion
The deal expands L’Oreal’s presence in the luxury market, while marking a financial relief for the Brazilian firm, burdened by shrinking margins and heavy debt.
HSBC brushes aside Hong Kong investor’s Asia spin-off proposal
HSBC Holdings on Monday pushed aside a proposal by an activist shareholder in Hong Kong to spin off its mainstay Asia business.
Bank of America just added this global stock with 60% upside to its top ideas list
The Wall Street bank has a buy rating on the stock, which it calls a “structural winner.”
As Wall Street turns bearish on the U.S., here’s where the pros say to invest
Wall Street strategists appear unconvinced by the U.S. right now. Here’s where they suggest investing instead.
After a ‘rollercoaster’ quarter, strategists are still relatively upbeat about Asia-Pacific markets
Economists predict China’s recovery will cushion the dampening effect of high global interest rates on the regional economy.
Asia markets mostly rise as Australia’s central bank holds rates steady, Aussie falls
Asian markets traded mostly higher after the RBA held its cash rate steady – Australian stocks rose while its currency fell.
