New York City Proposes Tax on All-Cash Real Estate Deals Above $1 Million
New York City plans a tax on cash real estate purchases above $1 million, targeting luxury homebuyers and potentially curbing foreign investment.
New York City plans a tax on cash real estate purchases above $1 million, targeting luxury homebuyers and potentially curbing foreign investment.
As temporary inflation shocks mount, investors question whether price pressures are truly transitory or the start of a new inflation regime, driving…
Investors dumped stocks and bonds as inflation risks resurface, signaling broad market pessimism and expectations of tighter Fed policy.
Morgan Stanley maintains a positive outlook on South Africa, suggesting the economy can withstand the oil price shock and offering a bullish…
Albert Edwards predicts the return of double-digit inflation, threatening consensus rate-cut bets and favoring inflation-protected assets.
Bank of Korea's new board member flagged inflation and housing risks, sparking a rally in the won and a selloff in Korean…
Europe’s solar overcapacity crashes power prices, inflicting multi-billion-euro losses on utility giants and exposing critical grid weaknesses.
Philippine remittance growth falls to a three-year low, adding bearish pressure on the peso and Philippine equities.
Malaysia GDP upgrade and steady rate stance boost ringgit and local equities amid AI-driven export optimism.
Trump and Xi hold private day-two summit talks in Beijing, raising expectations for a trade deal that could weaken the dollar and…
Copper fell for a second day as accelerating inflation and a robust dollar dented demand prospects for the industrial metal, dragging prices…
Equity markets took a breather from record levels while crude oil extended gains, setting up a mixed end to the trading week.