property
Earnings season continues as we approach the end of the week. Below, we highlight key companies expected to report earnings on Friday, November 1, 2024, so you can prepare for the market action. Leading the pack are energy giants Exxon Mobil (NYSE:) and Chevron (NYSE:), along with real estate investment…
Investing.com– Most Asian stocks rose on Thursday with Chinese shares advancing before a government briefing on stimulus plans for the property sector. Technology stocks were also mostly upbeat in anticipation of strong earnings from chipmaking giant TSMC (TW:) (NYSE:), due later in the day. Regional markets took a positive lead-in from…
By Manya Saini (Reuters) – U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 on its path toward Florida’s western coast, marking yet another costly disaster for the industry to cover this year. Insurers are expected to face catastrophe-related claims for billions…
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Some Chinese and global institutional investors are revisiting Chinese property bonds, betting on an improvement in outlook as the government accelerates efforts to boost economic growth and revive a property sector in the throes of a debt crisis. Investors began…
By Clare Jim HONG KONG (Reuters) -Shares of China’s property developers soared on Monday, with broad double-digit gains, as investors cheered easier home purchase rules in major cities and Beijing’s latest burst of stimulus to boost confidence in the depressed sector and the economy. China’s Politburo pledged last week to…
Melco Resorts & Entertainment Limited (NASDAQ: MLCO) reported solid growth and strategic initiatives in its Second Quarter 2024 Earnings Conference Call. CEO Lawrence Ho and CFO Geoff Davis outlined the company’s financial performance, with a focus on profitability, growth, and market position maintenance. The company welcomed Tim Kelly as the…
A Nantucket beach house once estimated to be worth $1.9 million was sold for just $200,000 after parts of the property got swallowed by the sea, the Nantucket Current reported.According to the local outlet, Jane Carlin and her husband, Ben Gifford, bought the beach house in 1988 on the western…
Japan’s glut of abandoned homes — or akiya — has hit the prices of surrounding properties, and the damage goes into the tens of billions.A report by Nikkei Asia on Tuesday estimated that the country’s property market suffered losses of some $24.7 billion over the last five years due to…
Investing.com– Asian stocks were a mixed bag on Monday as Japanese markets rebounded from sharp losses seen last week, while Chinese stocks fell amid renewed concerns over the country’s property market. Broader Asian markets moved in a tight range as sentiment still remained fragile in the face of waning confidence…
By David Gauthier-Villars and Aram Roston (Reuters) – The Emirati real estate developer behind Dubai’s signature skyscraper, the Burj Khalifa, has initiated the sale of property assets he owns in Belarus, a country targeted by Western sanctions, according to two people familiar with the matter, as he collaborates with Jared…
