Latest in China retail sales beat forecasts in October while real estate slump worsens
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China retail sales beat forecasts in October while real estate slump worsens
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.Business - CNBC - 2 hours ago -
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Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in GazaBusiness - Financial Times - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - 1 hour ago -
China pledges more financial support for 'whitelist' real estate projects
Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference on Thursday.Business - CNBC - October 17 -
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...Business - MarketWatch - October 16 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.Business - CNBC - October 18 -
The real-estate industry is battling over how homes are listed for sale. Here’s why that matters to buyers and sellers.
The outcome of a real-estate industry dispute could change how the average American finds for-sale home listings.Business - MarketWatch - October 21 -
First-time home buyers’ share of home sales hits 43-year low, real-estate group says
It has never been this challenging to be a first-time home buyer.Business - MarketWatch - November 5 -
Crypto has designs on real estate
Buying blockchain-listed ‘slices’ of properties is a nascent, niche and troubled market. Can it find its feet beyond the crypto crowd?Business - Financial Times - October 18 -
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.Business - CNBC - October 18 -
The commercial real estate recovery is on, but the rebound may be uneven
The Fed's shift in policy is "the most notable green shoot" for the CRE market, according to Wells Fargo analysts.Business - CNBC - October 18 -
Feeling fine: the rise of ‘wellness real estate’
The Global Wellness Institute estimates that the sector could be worth $913bn by the end of 2028. It’s a big development for what was once regarded as ‘woo-woo’Business - Financial Times - November 8 -
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.Business - The Wall Street Journal - October 23 -
Georgia election official appeals to Musk over foreign disinformation on X
Brad Raffensperger says viral post alleging repeat voting in US state is likely from ‘Russian troll farms’World - Financial Times - November 1 -
Low-volatility ETFs lose favour as investors jump to buffered peers
Despite poor returns in recent years, analysts say people could be missing out on their long-term investment potentialWorld - Financial Times - November 1 -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
The Future of Real Estate: 5 Disruptive Tech Innovations to Watch
How technology is transforming the way we tour, analyze, valuate, decide, and purchase real estate.Business - Inc. - October 16 -
C.E.O. of Real Estate Giant Douglas Elliman Retires Amid Mounting Criticism
Howard Lorber faced calls to reduce his compensation, amid allegations of sexual assault by agents and plummeting stock prices.Top stories - The New York Times - October 22 -
Rising insurance costs are another storm gathering over commercial real estate
Skyrocketing insurance premiums are a growing problem — and not only for homeowners.Business - MarketWatch - October 23 -
What Commercial Real Estate Property Owners Need to Know
The multifamily market is experiencing mayhem—here’s what you should do.Business - Inc. - October 23 -
Forget Screen Time. We Need to Talk About Screen Real Estate
Spending many hours daily looking at screens feels like a foregone conclusion. The new challenge is paring down what fills them.Tech - Wired - 6 days ago -
A Real Estate Queen and the Secret She Couldn’t Keep Hidden
Alice Mason was New York City’s broker to the elite and a master at the art of hosting. One fête would alter her legacy and strain her relationship with her daughter.Top stories - The New York Times - 4 days ago -
For billionaire Mark Cuban, luxury real estate in a prime location trumps politics
Though the ‘Shark Tank’ star and entrepreneur has been a vocal critic of Donald Trump, he still hangs on to his lux N.Y. condo in the Trump tower.Business - MarketWatch - 3 days ago -
Trump appoints real estate exec Steven Witkoff as Middle East envoy
President-elect Trump said Tuesday that he picked real estate executive Steven Witkoff to be special envoy to the Middle East in his next administration. “Steve is a Highly Respected Leader in ...Politics - The Hill - 2 days ago -
Brazilian real slump pressures Lula to take action on spending
Leftwing administration promises fiscal containment measures in effort to calm financial marketsWorld - Financial Times - November 6 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
Home Depot Says Hurricane Demand Slows Sales Slump
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.Business - Inc. - 2 days ago -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy
U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...Business - MarketWatch - October 17 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17
