India is buying world's emptiest airport in its battle for territorial dominance with China

India is buying world's emptiest airport in its battle for territorial dominance with China

India plans to buy the world's emptiest airport in an effort to limit China's influence in the Indian Ocean. Designed to accommodate one million passengers per year, Mattala Rajapaksa International Airport — a vanity project by Sri Lanka's former President Mahinda Rajapaksa that opened in 2013 — is a
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Crowdfunding real estate: a new reality booming?

Sourcing physical assets jointly, co-owning them with others and distributing rewards are fundamental human behaviours. These fundamentals underpin real estate investment trusts (REITs), which are a blind pool of wealth that jointly own and manage real property assets and redistribute rental receipts
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Asian investors pouring money into Europe's real estate and logistics property markets

“Germany has always been a safe haven,” said Jan Jescow Stoehr, director of risk management at real estate investment firm KamAm Grund Group, at the conference. “It is a very strong country with a strong economy – there is a small layer of political uncertainty but it won't have an impact globally.
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Benefits & Rewards

Exceptional banking plus a whole lot more. When you become a Premier client, you'll enjoy a host of special benefits associated with our Signature Advantage® premium checking account including: Interest on your checking balances1; Monthly maintenance fees waived (on up to 4 separate accounts)2
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Asset management, real estate, and alternative investments publications and thought leadership

Download and read publications that address business issues for Asset Management, Alternative Investments, and Real Estate leaders and stakeholders, from PwC's Asset Management, Alternative Investments, and Real Estate industry leaders.
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Growth pace of household lending slows down in Nov.

SEOUL, Dec. 13 (Yonhap) — South Korea's household lending by banks slowed down slightly last month amid the government's toughened financial measures to cool down the real estate market, central bank data showed Wednesday. Outstanding household loans from lenders came to 762.7 trillion
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Housing and Urban Development Minister expects the ban to be passed into law early next year …

And the Government says its move will ensure that house prices are set by New Zealand-based buyers, not international buyers. Legislation to ban overseas speculators from buying New Zealand homes is to be introduced into Parliament on Thursday (14th) the Housing and Urban Development
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CRA Loans

Build Your Community and Your Business. Investing in your community is rewarding—now in more ways than ever. Helping people achieve their dreams can help you achieve your dream of growing your business with special pricing and incentives for originating CRA-eligible loans in some areas.
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Verify: How the tax bill affects home sales

The median home price in Denver has grown from $350,000 in November 2015 to $430,000 for November 2017, according to numbers from the Colorado Association of Realtors. That means someone selling a house they bought two years ago could make, on average, $80,000 in profit if he or she
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Opportunity Knocks for Women in Mortgage

On Wednesday, December 13, the American Mortgage Diversity Council will present a webinar entitled Women-Owned Small Business 101: Equipping Your Business for Success. The webinar will happen on Wednesday from 2:00-3:00 PM (CST). The American Mortgage Diversity Council (AMDC) is an
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Startups in student-lending sector see dropouts, but some score too

Quiklo, founded in 2015 by IIT-Delhi graduates Mrigank Shekhar, Kush Srivastava and Rahul Saxena, offered loans to students for buying high-value items such as phones and laptops, and was looking to lend towards payment of course fees as well. The company offered the loans through partner
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Year end drift

The Aussie Dollar looked to be another beneficiary of yesterday's merger and acquisition announcements on the stock exchange. Both the Westfield and ANZ deals involve the purchase of major Australian assets by international buyers, potentially accounting for last night's jump in the Aussie Dollar.
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Stock Traders Buy High Volume of Ship Finance International Put Options (NYSE:SFL)

Zacks Investment Research downgraded Ship Finance International from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Clarkson Capital upgraded Ship Finance International from a “neutral” rating to a “buy” rating in a report on Tuesday, October 17th. One analyst has rated the
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Ban on foreign house buyers leaps forward

“Purchases of homes by offshore speculators push first home buyers and families out of the housing market,” Housing Minister Phil Twyford said on Wednesday. “This Bill will ensure that house prices are set by New Zealand-based buyers, not international buyers.” When the Bill is in law, only citizens
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'It's been wonderful for me': Owner of Bragdon Real Estate retires after 33 years

At the end of this month, Scott will retire after 33 years as a Realtor and 27 years as the owner of Bragdon Real Estate. After selling hundreds of homes from Kennebunk to Seabrook, Scott said she realized a few years ago that the time to retire was approaching. Her staff of 12 started to shrink as one
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One of the World's Biggest Bitcoin Markets Is Holding an Emergency Meeting on Cryptocurrency

SEOUL, Dec 13 (Reuters) – South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday. The official declined to give further details, but the announcement
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Mortgage rates today, December 12, plus lock recommendations

Mortgage rates today remained largely unchanged except for a couple of government-backed programs — which increased substantially. The loans may have taken their cues from the Bureau of Labor Statistics' Producer Price Index for November, which indicated that there is inflation at the
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Commentary: How Hanukkah Went From 'Minor' Holiday to Global Phenomenon

The Jewish holiday Hanukkah is upon us, and to mark the eight-day holiday, dignitaries will gather to light the National Menorah across from the White House, and families will light their own nine-armed menorahs, known as Hanukkiot, one candle per day for eight days. Although Hanukkah today is one
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Molded Fiber Glass closure could affect housing market, retail sales, professor says

Employee vehicles in the lot outside of Molded Fiber Glass Company last week. American News Photo by John Davis taken 12/7/2017. Losing more than 400 jobs in a couple months could send ripples through Aberdeen's housing market and retail sales, according to a Northern State University
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Local providers: FCC net neutrality decision won't affect users negatively

Richard McBurney, CEO of Butler-Bremer Communications, said that the decision to utilize Title II of the Communications Act of 1934 to make the internet a common … Wenzel, Waverly Utilities CEO, said his company doesn't have the size or clout to force content providers to pay to use its infrastructure.
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