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[2013-12-20] Citi to move NYC headquarters to lower Manhattan: report

(Reuters) - Citigroup Inc (NYS:C) will relocate its global headquarters to lower Manhattan as part of a $1 billion lease and renovation deal, Crain's New York Business reported on Thursday. According to Crain's, the bank would move from 399 Park Avenue in New York City, where it has been based for decades, to Greenwich Street, where Citigroup signed a more than $1 billion deal to renew its lease plus gut and renovate a twin-building complex that it already occupies at 388 and 390 Greenwich Stre...
[2013-12-19] Dow, S&P end at record highs after Fed trims stimulus

By Caroline Valetkevitch Related Stories US STOCKS-Dow, S&P 500 end at record highs after Fed trims stimulus Reuters US STOCKS-Wall St jumps after Fed announces stimulus cut Reuters US STOCKS-Wall St turns positive after Fed announces tapering Reuters Dow, S&P 500 end at record highs after Fed trims stimulus Reuters US STOCKS-Wall St flat before Fed's announcement on stimulus Reuters NEW YORK (Reuters) - U.S. stocks staged a...
[2013-12-19] Oracle's quarterly results top Wall Street expectations

By Noel Randewich Related Stories Oracle fiscal 2Q net income falls slightlyAssociated Press Recap: Oracle fiscal second-quarter earnings call MarketWatch Oracle shares volatile after earningsMarketWatch Finisar 2Q earns, revenue top views; outlook rosy Associated Press FedEx second-quarter profit misses estimate; offers holiday optimism Reuters SAN FRANCISCO (Reuters) - Oracle Corp gave a quarterly report on Wednesday that created cautious h...
[2013-12-18] Bank of Canada sees less volatility from Fed tapering

. View gallery Bank of Canada Governor Stephen Poloz speaks during an interview with Reuters in Ottawa December 17, 2013. REUTERS/Chris Wattie By Louise Egan and Randall Palmer Related Stories Bank of Canada sees rates on hold 'quite some time' Reuters CANADA FX DEBT-C$ flat as investors look ahead to Fed meeting Reuters Poloz Weighing Inflation, Debt Risks to Keep 1% Rate Bloomberg Bank of Canada holds rates, worries about weak inflat...
[2013-12-18] Japan exports rise but trade gap widens on weak yen

. View gallery A man rides a bicycle past containers at a port in Tokyo October 21, 2013. REUTERS/Issei Kato By Tetsushi Kajimoto Related Stories Japan factory output rises 0.5 percent in October Reuters Global recovery still too weak, South Korea data shows Reuters Forget a slowdown, China's economy set to accelerate CNBC Indonesia trade surplus a relief for rupiah, but economy worries linger Reuters Japan business mood hits six...
[2013-12-18] HP CEO gets big pay hike after 2013 stock rally

. View gallery Meg Whitman, CEO of Hewlett-Packard, arrives for the first session of annual Allen and Co. conference at the Sun Valley, Idaho Resort July 10, 2013. REUTERS/Rick Wilking SAN FRANCISCO (Reuters) - Hewlett-Packard Chief Executive Meg Whitman gave up her symbolic $1 salary and now draws an annual base salary of $1.5 million, reflecting the 93 percent rise in the company's stock so far this year. Whitman, HP's third CEO in four years, is steering the ...
[2013-12-17] Carrefour to buy shopping malls in $2.8 billion deal

  Carrefour to buy shopping malls in $2.8 billion deal 14 hours ago  0shares             Content preferences Done . View gallery The logo of Carrefour is seen at the entrance of the Carrefour's Bercy hypermarket in Charenton Le Pont, near Paris, August 29, 2013. REUTERS/Charles Platiau ...
[2013-12-17] Euro zone business recovery ends year on a high

Tip : Use comma (,) to separate multiple quotes. Learn more... By Jonathan Cable LONDON (Reuters) - Euro zone businesses ended the year on a high as new orders surged, but the chasm between a resurgent Germany and wilting France has widened this month, surveys showed on Monday. Markit's Flash Euro zone Composite Purchasing Managers' Index (PMI), which gauges business activity across thousands of companies large and smal...
[2013-12-16] Shinzo Abe has compelling diplomatic as well as economic reasons to push into South

As part of a new financial pact with ASEAN, Japan is investing in the government bonds of ASEAN members. Its finance ministry will also help Japanese companies borrow in local currencies. Some corporate giants are drawing together entire supply-chain clusters in South-East Asia, usually centred on Thailand - Honda, for example, expects to build 424,000 cars a year there by 2015. For this, Japanese companies increasingly need local funds. Thailand’s appalling floods in 2011, which closed ca...
[2013-12-13] What Is a Stock Split?

  What Is a Stock Split?   A stock split is a corporate action that increases the number of the corporation's outstanding shares by dividing each share, which in turn diminishes its price. The stock's market capitalization, however, remains the same, just like the value of the $100 bill does not change if it is exchanged for two $50s. For example, with a 2-for-1 stock split, each stockholder receives an additional share for each share held, but the value of each share is reduced by ...
[2013-12-12] Beverly Hills (90210) NEXT

Sales of $5 million or more: 80 Price of this home: $6 million Beverly Hills' 90210 had its own television show for a reason: When it comes to multi-million dollar homes, it's got more than almost every other zip code in the nation. The median home price is about $2 million, according to Trulia. Over the 12 months ended June 30, there were 18 sales of $10 million or more, the most out of any U.S. zip code. Related: What $36 million buys you in Beverly Hills This extremely modern h...
[2012-10-30] Credit support offered to villa buyers

  Credit support offered to villa buyers 30/10/2012 13:05 The corner of a Sen Phuong nam villa is seen in a file photo - Photo: TL Vina Dai Phuoc, a joint venture between VinaCapital Group and D.I.C Company, last Friday joined hands with ANZ Bank to introduce a credit support program for buyers of Sen Phuong Nam villas of the Dai Phuoc Lotus project. Under this program, priority clients of ANZ Bank when buying Sen Phuong Nam villas can take out loans worth up to 40% of th...
[2012-10-30] Ways sought to make condos affordable to buyers

Ways sought to make condos affordable to buyers 30/10/2012 13:10 An apartment building is seen in HCMC’s District 4 - Photo: Dinh Dung Knowing that the property market is facing troubles now, the Ministry of Construction has allowed property project owners to change use purposes of their projects. Of the measures to support the market, adjusting down the apartment sizes was discussed at a meeting among the construction ministry, the Hanoi City government, relevant agencies a...
[2012-10-30] RICS sees considerable opportunities in Brazil

RICS sees considerable opportunities in Brazil 30/10/2012 13:15 A year on from opening its first operation in Latin America, the Royal Institution of Chartered Surveyors (RICS) has visited Brazil and firmed up opportunities for the future. Now president elect Michael Newey has visited its chapter in Brazil which is led by RICS country manager Marcia Ferrari to get a better understanding of the real estate market in the region’s biggest economy. He wanted to find out...
[2012-10-30] Nguyen Alliance muscles up operations

  Nguyen Alliance muscles up operations 30/10/2012 13:19 Nguyen Alliance Commercial Real Estate, a real estate consultant based in Ho Chi Minh City, last week further expanded its operation to the capital by setting up a joint service with Hanoi-based Cen Group. Under a joint service agreement signed last week in Hanoi, Cen Group and Nguyen Alliance Commercial Real Estate (NAC Real Estate) will combine their activities in real estate management and exploitation at the Re...
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