Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B

 Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B

 Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B The landmark building owned by Hong Kong’s richest man Li Ka-shing has been sold to a consortium led by a Chinese energy firm. A landmark building owned by Hong Kong’s richest man Li Ka-shing, 89 anni, has sold for a record price a report said last week, […]

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs $DIA, $SPY, $QQQ, $VXX The S&P 500 is at new highs for the 7th session running as The Trump Rally extends US home-building fell for a 2nd straight month in August, as a rebound in the construction of single-family houses was offset by […]

Dubai’s New Tallest Tower is Taking Shape

Dubai’s New Tallest Tower is Taking Shape

Dubai’s New Tallest Tower is Taking Shape The $1-B mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour The Tower at Dubai Creek Harbour, slated to become the new tallest tower in Dubai is now taking shape in the Emirate. Launched in April last year, the $1-B mixed-use building will form […]

Boral Negative Momentum Indications

Boral Negative Momentum Indications

Shares of Boral Ltd (BLD.AX) are on watch as the Tenkan Line has moved below the  Kijun line, indicating negative momentum for the equity.  Boral Ltd moved -0.03 in the most recent session and touched 6.89 on a recent tick. Traders are paying renewed attention to shares of Boral Ltd (BLD.AX). The current 14-day RSI is presently sitting at […]

Emaar Completes Foundation of New Tallest Tower in Dubai

Emaar Completes Foundation of New Tallest Tower in Dubai

Emaar Completes Foundation of New Tallest Tower in Dubai The Tower at Dubai Creek Harbour is anticipated to be completed by 2020 Monday Dubai developer Emaar announced that it has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour. Launched […]

September Housing Performance Weaker Than Expected

September Housing Performance Weaker Than Expected

September Housing Performance Weaker Than Expected Homebuilders pulled back on construction for a 2nd month running in September, with a dive in apartments offsetting gains in single-family homes. Building activity was weak in all parts of the nation except the Midwest. Construction dove 9% in September to a seasonally adjusted annual rate of 1.05-M units, […]

China National Building Material Co Ltd(HKG:3323) Trading Outlook

China National Building Material Co Ltd(HKG:3323) Trading Outlook

China National Building Material Co Ltd(HKG:3323) Trading Outlook HEFFX Notes China National Building Material Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3.66. The projected upper bound […]

Kuwait Plans Smart, Environmentally Friendly City

Kuwait Plans Smart, Environmentally Friendly City

Kuwait Plans Smart, Environmentally Friendly City South Saad Al-Abdullah City has been designed to accommodate 400,000 people  Kuwait has unveiled plans for what is claimed to be the 1st smart, environmentally friendly city in the Middle East. South Saad Al-Abdullah City has been designed to accommodate 400,000 people over an area of 59 sqk with […]

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]