The Bank of Canada’s growing list of worries
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …
Real estate market
China’s tax man hands out decades-old bills to companies, hinting at funding shortage
China’s tax man hands out decades-old bills to companies, hinting at funding shortage Local governments in China have asked several companies to pay tax bills dating back as far as …
Hedge fund billionaire Ray Dalio says benefits of investing in China outweigh risks
Ray Dalio, the billionaire founder of the world’s largest hedge fund Bridgewater Associates, said investing in China is a good idea despite the risks, because Chinese assets are cheap and …
China, Hong Kong stock markets are back in favour with global investors, HKEX CEO Bonnie Chan says
Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers at the Swiss investment bank’s two-day conference in Hong Kong that has drawn …
Home sales and new home construction both drop in April
The annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024, while the number of residential home sales dropped in the same period of …
Opinion | China’s real-estate market enters a new phase as cities end bitter war against property speculators
Chinese cities are rushing to dismantle a long-standing housing policy regime designed to keep speculators at bay, with Hangzhou and Xian being the latest major cities to remove all home …
Opinion | A small Zhejiang city has a big idea for China’s property market, but broader reform will take time
The city of Lishui, in China’s eastern Zhejiang province, is not the type of place that would normally have much relevance in the country’s vast property market. But a singular …
Chinese developers Poly, Longfor, CIFI report mixed results as forlorn property market awaits buyer-confidence rebound
Mainland China’s largest property developers reported mixed 2023 results on Tuesday amid regulatory moves to rescue the country’s slumping housing market, with Poly Property Group, Longfor Group Holdings and CIFI …
Bank of Canada worries a rate cut now could overheat the spring housing market
The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …
Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene
Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for …