The ongoing tariff war is expected to put additional pressure on banks in Hong Kong, which are already grappling with elevated non-performing loans due to a prolonged property sector slump, according to Fitch Ratings. “Higher tariffs would reinforce our deteriorating banking sector outlooks for China and Hong Kong,” the rating agency said in a report…
The new Printemps fashion store, which opened at Harry Macklowe’s One Wall Street on Friday, “might well be the most beautiful store in New York,” said Downtown Alliance president Jessica Lappin. “Macklowe could not have done it better,” agreed Cushman & Wakefield retail power-broker Joanne Podell, who repped Chinese lifestyle chain Miniso at nearby 150…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing is a journey that requires patience and a long-term perspective, but for some younger investors, the possibility of quick gains is too tempting to resist. This can significantly impact long-term wealth accumulation since compounding is one of…
(Bloomberg) — Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most Read from Bloomberg The city’s commercial real estate sector is going through one of its worst slumps in history, with no end in sight. Average prices of office buildings, shopping malls and…
Why Goldman Sachs Analysts See Risk Of A Massive 30% Correction In The Stock Market In 2025 Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. There is a saying in Vegas that “everyone loves a gambler until they lose,” and if you’ve ever seen crowds gather…
If You Invested $10,000 In NVIDIA Stock 10 Years Ago, How Much Would You Have Now? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. NVIDIA Corporation (NASDAQ:NVDA) provides graphics, compute and networking solutions in the United States, Taiwan, China, Hong Kong and internationally. It is the…
California Bans Insurance Policy Cancellations In Boost To Property Owners. The Insurance Industry Prepares For Record-Breaking Losses Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The yearlong ban that California’s insurance authority rushed to impose on cancellations in parts of Los Angeles hardest hit by wildfires…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The Buffett Indicator – a market valuation measure – is signaling potential danger as it surpasses levels witnessed during the Dot-Com Bubble and the Great Financial Crisis. What Happened: This indicator, attributed to Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK)…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sometimes it’s better to be lucky than good, but nothing beats being lucky and great. Former NFL tight end Rob Gronkowski, who won multiple Super Bowls during his illustrious career, certainly qualifies as great. However, he was also…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. America’s housing market is hurting and real estate observers of all stripes have different opinions on the root cause. However, there is near-universal agreement on one major stumbling block: the lack of inventory. Prospective homeowners hoping for that…