Saturday, March 18, 2023

Tag Archives: real estate

Nikkei hits new 4-1/2 year high on exporters and real estates

Nikkei's weekly gain biggest since Dec 2011 * U.S. data, optimism on BOJ encourage investors * Yen/dollar falls to 3-1/2-year low * Fast Retailing up 24 percent for the week By Ayai Tomisawa TOKYO, March 8 (Reuters) - Japan's Nikkei share average ended at a new 53-month high on Friday, as exporters and real estate shares rose helped by bullish …

Read More »

Hong Kong Rent Topping Manhattan Doesn’t Faze Retailers

Retailers from Forever 21 Inc. to Gap Inc. (GPS) have rushed to Hong Kong to reach the 28 million Chinese tourists passing through last year. To do so, they are paying some of the world’s highest rents. Hong Kong retail rents, which rose 32 percent in prime locations last year according to Savills Plc estimates, may climb more even as global economies …

Read More »