Financial News

In a tense atmosphere, the global foreign exchange market is holding its breath for the US non-farm payrolls data to be released tonight Beijing time. This data not only provides the market with a direct indicator of the vitality of the US economy, but is also a key factor affecting the volatility of the global […]

On Friday (7th), the three major Hong Kong stock indexes turned lower during the session, and the Hang Seng Technology Index ended its four consecutive rises, with the decline widening to 1%. On the market, technology and Internet stocks led the decline, with Kuaishou (HK:1024) falling by more than 3%, Bilibili (HK:9626) falling by more

Zhitong Finance learned that on Thursday, the three major indexes rose and fell, and investors waited for Friday’s non-farm payrolls report. The European Central Bank announced its June interest rate decision, and as expected, it cut interest rates by 25 basis points, the first time since 2019. Yesterday, the Bank of Canada announced a 25

More than nine in 10 adult members of Generation Z say that housing affordability is a key factor when deciding who to vote for in the upcoming U.S. presidential election, making it the top issue for that cohort as it prepares to go to the polls. This is according to a report released Monday by

Keller Williams Realty has launched a real estate assistant that is powered by generative artificial intelligence (AI) and is trained on the company’s proprietary models, systems, books and training resources. “We are thrilled to bring this AI-powered tool to agents and look forward to its transformative impact on their work,” Chris Cox, KW’s chief technology

Voters in the state of California will not be voting on an amendment to their state constitution this fall that would’ve removed a controversial public housing provision from the governing document, according to lawmakers who spoke with Politico. Article 34, a provision in the California Constitution, requires local voters to approve any new government-subsidized rental

While roughly 100,000 New York City households currently use the voucher program, known as Section 8, it has long been at maximum capacity, and the waiting list to receive assistance has been locked since 2009. The portal will be open to receiving new applications until 11:59 p.m. on June 9, said New York City Housing

The value of homes sold gained 11.5% last month from April to 23.3 billion yuan ($3.2 billion), the Shenzhen-based company said. From a year earlier, sales dropped 29.3%, narrowing for a third month. Shares of Vanke jumped as the figures added to signs that China’s real estate slump is abating after the central government rolled

Even after dropping considerably over the past month, mortgage rates remain well above 7% ahead of the next U.S. jobs report and the next meeting of Federal Reserve policymakers. Mortgage rates were nearly flat on a weekly basis as HousingWire’s Mortgage Rates Center showed that the average 30-year rate for conforming loans was 7.23% on

By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Chinese policymakers last month unveiled a slew of support measures for the property sector, including a nod to local governments to buy “some” unsold apartments and turn them into affordable housing. Authorities hope that over time, improving access to affordable housing could provide utility to