Xinyuan Real Estate: Another Tough Quarter

Xinyuan Real Estate: Another Tough Quarter

Xinyuan Real Estate’s (XIN) stock has significantly underperformed the broader market over the last few years, and 2019 has been more of the same. Data by YCharts Saying that 2019 has been a challenging year for Xinyuan would be a major understatement, as t… […]

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Pakistan tycoon hands over $244m to settle UK corruption probe

Pakistan tycoon hands over $244m to settle UK corruption probe

Malik Riaz Hussain, a Pakistani real estate tycoon, has agreed to hand over 190 million pounds ($244m) held in Britain to settle a corruption investigation. Hussain is one of Pakistan’s richest and most powerful businessmen and biggest private employers, and… […]

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Five Things You Need to Know to Start Your Day

Five Things You Need to Know to Start Your Day

(Bloomberg) — Want the lowdown on what’s moving Asias markets in your inbox every morning? Sign up here. The Federal Reserve leaves interest rates on hold, China’s yuan traders are unfazed by the impending Dec. 15 tariffs, and prices are looking cheaper tha… […]

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Why British house prices are expected to climb after sweeping Tory election win

Why British house prices are expected to climb after sweeping Tory election win

Boris Johnsons massive Conservative victory in the general election should give the U.K. property market a much needed boost after months of uncertainty dragged down prices. Guy Harrington, CEO of property lender Glenhawk, said the result was the tonic the r… […]

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Inside London’s Billionaires Row: This garish mansion has hosted Mikhail Gorbachev and Simon Cowell and was once Britain’s most expensive home

Inside London’s Billionaires Row: This garish mansion has hosted Mikhail Gorbachev and Simon Cowell and was once Britain’s most expensive home

The most jaw-dropping of the 66 mansions on London’s lavish Billionaires Row is Toprak Mansion, at number 46A. Built by extravagant Turkish entrepreneur Halis Toprak in the 1990s, Toprak Mansion is eye-catching in the way architects and estate agents try to … […]

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