Real Estate

Private credit firms want more than corporate lending. The largest are laying the groundwork to finance everything from auto loans and residential mortgages to chip manufacturing and data centers in an effort to swell the size of the market by the trillions.

French luxury group LVMH has acquired a historic villa in Cannes, France, for around €50 million ($52.7 million), to showcase its brands during the city’s star-studded festivals, people familiar with the matter said.

South Korea’s financial market regulator is increasing pressure on lenders to clean up troubled real estate loans as the nation’s political turmoil hurts economic growth.

Companies that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices.

Chinese banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent property slump and slowdown in the world’s No. 2 economy.

Taiwan’s central bank is set to announce a decision on its key interest rate while it weighs a hot property market, inflation and the potential of President-elect Donald Trump to disrupt trade vital to the archipelago.

The EU’s European Commission has pressed Apple Inc. to further open up the iPhone operating system to rivals, prompting the company to complain about requests from Meta Platforms Inc. that it says will undermine privacy.

Global investors are looking to Southeast Asia for some shelter as they brace for uncertainties surrounding Donald Trump’s trade policies, boosting prospects for the region’s stocks in the coming year.

Hong Kong’s flailing commercial property market is getting a lift from the education sector as the number of Chinese students surges in the city.

The costly truth about US government shutdowns: They don’t save taxpayers a dime.

New Year’s Day is the new line in the sand in the ongoing return-to-office battle.

A whopping 1130% rally in the shares of a Brazilian waste management company is drawing the attention of the country’s stock exchange operator.

Amazon.com Inc. won’t have enough space for thousands of employees when they start returning to the office five days a week next month.

Argentina’s government is pushing banks to expand dollar lending to more sectors, Economy Minister Luis Caputo told a closed-door event at the Buenos Aires Stock Exchange.

US new-home construction unexpectedly fell in November as a drop in multifamily projects mitigated a rebound in starts of single-family houses, solely in the storm-ravaged South.