real estate

Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion

DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get…

China’s sweeping measures to prop up the property sector will need time to show results

BEIJING — China’s sweeping moves on Friday to increase support for real estate will take time to show results, analysts…

‘I feel like I’ve been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes

BEIJING — A group of around 1,500 homebuyers in the Chinese city of Tianjin, near Beijing, have yet to see…

Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates…

Why hundreds of U.S. banks may be at risk of failure

Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…

Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the…

Here’s where the world’s top 0.001% are putting their money, according to wealth experts

The uber-wealthy live a world apart and their investing strategies also look vastly different from the average investor’s portfolio. “While…

Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…

China needs a narrative that house prices are going to rise, Nomura’s Koo says

BEIJING — China needs to convince people that home prices are on their way up in order for economic activity…

KKR says China’s real estate correction may only be halfway done

BEIJING — China’s real estate troubles are likely far from over and industry problems need to be addressed quickly if…