Some of the world's largest investors are making deeper inroads into lending to commercial property, as they snap up market share from retreating banks and bet on an
Capital Group aims to grow its fixed income business, accelerate overseas expansion and diversify away from its core equities franchise to stem client withdrawals and
U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by BNP Paribas's real estate arm showed, lured by signs the
Real estate deals in Europe fell through in their highest numbers since the global financial crisis in the first quarter of 2024, data firm MSCI Real Assets said on
The world's largest asset manager BlackRock said on Tuesday it plans to launch a new investment platform in Saudi Arabia, backed by up to $5 billion from Saudi
LaSalle Investment Management is reducing its exposure to offices in Europe and believes between 20% and 30% of office space in the region could be "obsolete
Banks globally will likely rack up further losses on office property loans as a bruising crash in valuations leads to more defaults, credit rating agency Morningstar
The U.S. dollar held steady versus major currencies on Friday ahead of key inflation data later in the day, as traders weighed how the U.S. economy's faster than
Britain's payments regulator on Wednesday provisionally proposed a cap on cross-border interchange fees charged by Mastercard and Visa on transactions made between
The dollar was on track on Friday for one of its steepest weekly falls versus major currencies this year, while the yen strengthened sharply to trade below 150 per
European banks may not be sufficiently provisioned for property loan defaults if severe pressure leads to rapid growth in problem loans, a report by Moody's Ratings
French and German commercial property markets remained in the doldrums as deal volumes tumbled in the second quarter of 2024, while the British market showed signs
Abrdn CEO Stephen Bird has stepped down, the British fund manager said on Friday, after a turbulent four-year tenure marked by deep outflows of client cash and a much
The dollar edged up against other major currencies on Wednesday, while sterling fell sharply after British inflation data showed a slowing of the headline rate to
What policies to expect from Indonesia's new President Prabowo
Harris and Trump target Michigan as both parties try to shore up 'blue wall' votes
An American was reportedly kidnapped from a southern Philippine town and a search is underway
Taiwan president thanks air force for 'outstanding' work during China war games
Indonesia ramps up security ahead of Prabowo's inauguration
UK Foreign Secretary Lammy says engagement with China is necessary at start of 2-day visit
Lots of China news, little clarity
China rolls out $112 billion funding schemes to bolster stock market
China approves BNP Paribas, Prudential insurance ventures
Mets look for biggest comeback yet after falling behind Dodgers 3-1 in NLCS
Mountain West commissioner says she's heartbroken over turmoil surrounding San Jose State volleyball
Ohtani and Betts lead Dodgers to latest blowout of Mets for 3-1 lead in lopsided NLCS