China's $189 Billion Giant of Finance Reveals a Huge Bet on Tech

China's $189 Billion Giant of Finance Reveals a Huge Bet on Tech

Profit from its fintech units amounted to 1 percent of the group's total, a proportion that Bloomberg Intelligence analyst Steven Lam estimates could increase to 3 percent to 5 percent in five years. “Technology is just the icing on the cake,” said Alan Wang, head of Greater China equities at Principal Global
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GOP tax bill added a last second provision that could enrich Trump and Republican senators

John Cornyn, the second-ranking Republican in the Senate, was pushed by news-makers on Sunday to explain a last minute addition to the final tax bill that could benefit those with real estate income. The provision allows for a tax deduction on income made from “pass through” entities, like real estate
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Greening the Belt and Road: Opportunities for Egypt

China is hoping that its creation of green lending standards for the BRI, combined with its innovative financial products for banks that incentivize sustainable finance, will change this equation. China is also going beyond financing to require that infrastructure projects themselves meet eco-sustainable
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Boston's Fenway Center development is finally breaking ground

Fenway Center has been a long time in the making: after years of trying to get the development off the ground and running into trouble leasing the land from the state and securing financing, Rosenthal got the project back on track by proposing two phases; he's building the condos first and betting that
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John Cornyn doesn't have a good answer on tax bill loophole that means millions for Corker and …

Bob Corker (R-TN) — who was initially a “no” vote — switch to “yes” after a certain provision that would boost his real estate income was added to the tax bill. The GOP's tax bill, which has been in progress for weeks, would permanently slash the corporate tax rate, offer temporary cuts for individuals, and
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CT Real Estate Will Be Hit Hard By Trump's New Tax Plan: Report

The affluent county's real estate market could be hit hard by the plan, because it caps the amount that people can deduct for state and local property taxes at $10,000. According to a new report by the real estate website Trulia, Fairfield County has the nation's fourth-highest percentage of residents who
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Indiabulls, Mandarin Oriental team up for London project

The proposed Indiabulls property will be the Hong Kong-headquartered hospitality major's second property in London after Mandarin Oriental Hyde Park at … with Mandarin Oriental's legendary hospitality – to our discerning clientele,” said Vishal Damani, joint managing director, Indiabulls Real Estate.
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Erie County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Nov. 10, 2017. ALDEN • 1847 Lafayette, Geraldine Hartman to Jonathan Nagowski; Susan Nagowski, $150,000. AMHERST • 6 White Pine Court, Daryl C. Dunston; Daryl Dunston;
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How APRA crafted a housing soft landing

Those 2014 APRA letters worked: investor lending sank sharply in the first half 2015 to about $11 billion a month, or an annual growth rate of about 5 per cent. But in February 2015, and then again in May, the Reserve Bank felt obliged to cut interest rates again, having held the cash rate at 2.5 per cent
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Real estate firms may face probe by GST anti-profiteering body

New Delhi: Real estate developers are likely to be the first to face investigations by the new anti-profiteering watchdog for allegedly denying consumers the benefit of reduced tax burden under the goods and services tax (GST) regime that kicked in from 1 July. A standing committee of officials attached to
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Home loan switch could cause economic headaches as housing screws tighten

In just the past six months the amount of interest-only (IO) loans held by the banks have dropped by around $36 billion, according the Australian Prudential … “Those individuals switching from IO to P&I do face a material 'shock' with scheduled mortgage repayments jumping — effectively overnight — by
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Future Outlook Of The Real Estate Industry And Argosy Property Limited (NZE:ARG)

Argosy Property Limited (NZSE:ARG), a NZDNZ$908.62M small-cap, operates in the real estate industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate investment trust, or a REIT, is a collective vehicle for investing
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Top 10 Reverse Mortgage Stories of 2017

HUD to Raise Premiums, Tighten Limits on Reverse Mortgages — Far and away the most-read story in 2017, HUD's decision to lower principal limit factors and restructure mortgage insurance premiums shook the industry and created a mad dash among lenders and counselors as borrowers sought to
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In One New Jersey Town, Pending Tax Changes Create Anxiety

As Mr. Levine sees it, Livingston, a fairly affluent town with a population of about 30,000, could become even less affordable as residents face rising tax bills and falling home values. They could be left with less disposable income to spend in the local stores, setting off a “domino effect” that could derail
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How much resi real estate is threatened by California fires

As neighborhoods are evacuated and winds feed the Southern California blazes, not only are lives threatened, but about $2.8 billion worth of residential property hangs in the balance. Yesterday, high winds propelled the Thomas Fire, one of the state's biggest in history, towards Montecito and Santa
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2017's Top Real Estate Tips — Good for Next Year Too

Buying or selling a home can be more than usually stressful. For buyers there are worries about finding the right home at an affordable price and securing the financing needed to make the purchase. Sellers need to think about how to present their home in the best possible light at a price that meets their
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Oaktree Specialty Lending Corp (OCSL) Receives $5.50 Average PT from Analysts

Oaktree Specialty Lending logo Oaktree Specialty Lending Corp (NASDAQ:OCSL) has been given a consensus rating of “Hold” by the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a
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Real Estate Report: Columbus near top of Airbnb trend list

The home-rental service anticipates that Columbus' Airbnb's bookings will rise 254 percent next year compared with this year, as the city's rising nightlife and Ohio State University football games lure more visitors. Columbus and Indianapolis were the only two U.S. cities to land in the top 10 of Airbnb's
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Is Selling Stock Like Oaktree Specialty Lending Corpo (OCSL) After Such Decline Winning Strategy?

The stock of Oaktree Specialty Lending Corpo (NASDAQ:OCSL) is a huge mover today! The stock decreased 2.32% or $0.11 during the last trading session, reaching $4.63. About 475,096 shares traded. Oaktree Specialty Lending Corpo (NASDAQ:OCSL) has 0.00% since December 17, 2016 and is .
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Were Analysts Bearish GAME Digital plc (LON:GMD) This Week?

published on November 28, 2017, Bloomberg.com published: “A UK Retailer Turns to Online Gaming as E-Sport Prize Money Eclipses Golf” on August 23, 2017. More interesting news about GAME Digital plc (LON:GMD) were released by: Ft.com and their article: “Game Digital share surge hits 50%”
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