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Sun, Aug 30, 2026 01:00 AM All times are UTC

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Replacing stamp duty with a land tax could save home buyers big money. Here’s how

Mar 11, 2025 14:56 pm UTC| Insights & Views Real Estate

Infrastructure Victoria has released a draft 30-year plan outlining how the state can grow sustainably. It focuses on key areas like transport, housing, energy, and public services to support a growing population and...

UK Housing Market Slows Amid Tax Hike Concerns

Feb 17, 2025 03:31 am UTC| Business Real Estate Economy

The surge in asking prices for newly listed homes in the UK has eased ahead of an upcoming property tax increase, according to Rightmoves latest survey. The property platform reported that average asking prices rose by...

Australia to Ban Foreign Investors from Buying Existing Homes to Boost Housing Supply

Feb 16, 2025 07:58 am UTC| Business Real Estate Governance

Australia will prohibit foreign investors from purchasing existing homes for two years starting April 1, 2025, aiming to ease the countrys strained housing supply, the government announced on Sunday. Treasurer Jim Chalmers...

Canada’s housing crisis: Innovative tech must come with policy reform

Nov 28, 2024 00:16 am UTC| Insights & Views Real Estate

Earlier this year, the Canadian government released a new housing plan aimed at building more homes and addressing housing unaffordability. As part of that plan, Prime Minister Justin Trudeau announced that $600 million in...

Robo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rents

Nov 19, 2024 07:41 am UTC| Real Estate Business Law

Of all the reasons it could be hard to pay rent each month, did you have an algorithm-powered illegal cartel on your list? Millions of people across the United States are paying far more rent than they can reasonably...

Choices made nearly a century ago explain today’s housing crisis

Oct 30, 2024 09:53 am UTC| Insights & Views Real Estate Life

Housing is an important political issue. Politicians and experts now talk about it as a major crisis that could threaten our economic and social well-being. But this is nothing new. Another housing crisis raged at the...

Hong Kong's Housing Market Slumps for Fifth Month: What’s Next?

Oct 29, 2024 06:12 am UTC| Economy Real Estate

Hong Kong Home Prices Drop for Fifth Straight Month: Is Recovery in Sight? Hong Kongs property market saw a fifth consecutive monthly decline in home prices in September, according to official data. As real estate...

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Economy

Canadian Dollar Slides as Fed Rate Hike Bets Boost US Dollar

The Canadian dollar weakened on Friday and was on track for its sharpest weekly decline in more than two months, as a stronger U.S. dollar overshadowed surprisingly robust Canadian economic growth. The loonie traded near...

Bessent Defends US Yen Intervention Over Treasury Market Risks

U.S. Treasury Secretary Scott Bessent has defended Washingtons decision to support the Japanese yen in late July, arguing that severe currency volatility could threaten global financial stability and ultimately push U.S....

US Dollar Hits Two-Week High After Hawkish Fed Speech

The U.S. dollar climbed to a near two-week high on Friday after Federal Reserve Chair Kevin Warsh delivered a hawkish message at the Jackson Hole Economic Policy Symposium, strengthening expectations for a September...

Oil Prices Slip as Venezuela Supply Prospects Weigh on Market

Oil prices edged lower on Friday as traders assessed reports that the United States was nearing a deal for long-term access to Venezuelan crude reserves, potentially opening the door to billions of dollars in investment...

Gold Prices Tumble 3% After Hawkish Fed Speech Boosts Dollar

Gold prices fell sharply on Friday as the U.S. dollar strengthened following Federal Reserve Chair Kevin Warshs hawkish Jackson Hole speech, prompting traders to increase bets on a September interest rate hike. Spot gold...

Politics

South Korea Leveraged Chip ETF Trading Plunges After New Rules

South Korean retail investors are rapidly retreating from leveraged exchange-traded funds linked to Samsung Electronics and SK Hynix after regulators imposed stricter trading requirements, Bloomberg reported Sunday....

Finland’s Stubb Says Russia Unlikely to Attack NATO

Finland President Alexander Stubb has played down concerns that Russia could launch an attack against a NATO member, arguing that Moscow would have little reason to challenge the worlds most powerful military alliance....

Nepal Declines Foreign Rescue Aid After Deadly Flash Flood

Nepal has said it does not currently require foreign search-and-rescue assistance following a devastating flash flood that killed nearly 500 people and left hundreds of foreign nationals missing. The disaster struck...

Norway’s King Harald Dies at 89, Haakon VIII Takes Throne

Norways King Harald has died at the age of 89 after more than three decades on the throne, ending a reign marked by modernization, national unity and enduring public support. The Norwegian royal palace said Harald died...

Israeli Airstrike Kills Hamas Operative, Two Others in West Bank

An Israeli airstrike killed a Hamas operative and two other people in the occupied West Bank on Friday, marking a relatively rare use of deadly air power in the territory amid heightened Israeli-Palestinian violence. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns

Pinterest Inc. (NYSE: PINS) shares fell sharply in after-hours trading on Friday after the social media company announced the resignation of Chief Financial Officer Julia Brau Donnelly, prompting investor attention on the...

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...

U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China

The U.S. government is investigating Singapore-based Apex Logistics over allegations that the freight company helped transport Nvidia AI chips and computer systems to China despite U.S. export restrictions, Bloomberg...