Page 49 - Rel News Today

(Bloomberg) -- Singapore home sales surged to a four-month high after the city-state gradually eased social restrictions in a bid to live with the virus. Purchases of new private apartments climbed to 1,547 units in November, Urban Redevelopment Authority figures showed Wednesday.

(Bloomberg) -- Related Cos., the developer behind Manhattan’s Hudson Yards project, is making more investments in Florida than New York these days as finance and tech firms look for office space in the Sunshine State.

(Bloomberg) -- China’s economy slowed further in November, dragged down by a worsening property market slump and disruptions from repeated Covid outbreaks. Industrial output rose 3.8% from a year earlier, quickening from 3.5% in October and above 3.7% projected by economists.

(Bloomberg Opinion) -- With inflation now rising faster than at any time in the last four decades, economists are debating which group suffers more from inflation, the poor or the rich.

(Bloomberg) -- New Zealand’s economy may have suffered less damage from the delta outbreak in the third quarter than the central bank expected, adding to risks of faster inflation. Economists estimate that gross domestic product fell 4.1% in the three months ended Sept.

(Bloomberg) -- Morgan Stanley’s real estate investing arm has formed a joint venture with Global Student Accommodation with ambitions to tackle the fragmented U.S. student housing industry. GSA is contributing a $1.

(Bloomberg) -- China’s crackdown on the housing sector, which triggered a default at China Evergrande Group and led to a plunge in sales, is also calling into question the way freewheeling property developers have financed, built and marketed homes to the masses.

Vietnamese electric vehicle maker VinFast started construction of a battery manufacturing factory in the country that will power its electric cars and buses.

(Bloomberg) -- The Covid years are littered with predictions that didn’t work out. For anyone looking ahead into 2022, that should be enough to give pause.

(Bloomberg) -- For much of his life, Mark Crandall was Mr. Oil.  In the 1980s, he helped start the oil desk at Morgan Stanley. Then he moved to Glencore, back when it was run by Marc Rich, where Crandall went from energy trader to running the department.