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According to the consulting company Cushman & Wakefield, global real estate investment reached a record 1 trillion 800 billion dollars. Over the 12 months to July of this year, Asian investors' investments in commercial real estate increased by 18%. Investors from Asia account for 45% of the total investment. In addition, Asia accounts for 52% of all investment properties. The study says that New York remains the largest real estate market in the world. The following places in the ranking were taken by Los Angeles, London, Paris and Hong Kong. The company again recognized London as the best city to attract international investment. This title is held by the British capital for the ninth time in 10 years.
The Dollar fell to two-year lows on Friday, heading to its lowest decline in 10 years as concerns mounted over the economic recovery of the U.S. amid a second resurgence of the COVID-19 pandemic. The Dollar index plunged to 92.777, on course ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
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