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China’s homebuyers are running out of patience with the real estate slump

Chinese real estate developers, including highly indebted Evergrande, have operated a business that relied on selling apartments before they were completed. Pictured here is an Evergrande development in Beijing on Jan. 6, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — China’s real estate market desperately needs a boost in confidence, analysts said, after reports […]

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South Korea not worried about capital outflows for now: Finance minister

South Korea’s finance minister has shrugged off short-term risks of capital outflows from the Asian economy as gaps in global rates widen. SeongJoon Cho | Bloomberg | Getty Images South Korea’s finance minister has shrugged off short-term risks of capital outflows from the Asian economy as gaps in global rates widen.  Speaking to CNBC at […]

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10 U.S. real estate markets that are cooling the fastest

David Ryder | Getty Images After staggering growth during the pandemic, the U.S. housing market is starting to cool — and it’s happening fastest along the West Coast. The quickest-cooling real estate market is San Jose, California, according to a new Redfin analysis, which ranked U.S. metropolitan markets based on median sales prices, year-over-year inventory […]

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Social Media ‘Financial Gurus’ Are Changing The Finance Landscape, For The Worse

Over the last few years, social media influencers have gained immense prominence as a larger number of users continue joining social media platforms. These influencers create content in the form of photos, and short and long-form videos, usually focusing on a particular topic. For instance, some influencers focus on wellness, while others focus on fitness, […]

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