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UAE shares lower at close of trade; DFM General down 0.43%

  EMIRATES BUSINESS United Arab Emirates equities were lower at the close on Monday, as losses in the Consumer Staples, Services and Insurance sectors propelled shares lower. At the close in Dubai, the DFM General lost 0.43% to hit a new 1-month low, while the ADX General index declined 0.66%. The biggest gainers of the session on the DFM General were ...

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Chinese pouring billions into US real estate: Study

  AFP Chinese nationals became the largest foreign buyers of US homes last year as they pour billions into American real estate, seeking safe offshore assets, according to a new study Sunday. A huge surge in Chinese buying of both residential and commercial real estate last year took their five-year investment total to more than $110 billion, according to the ...

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UK home prices rise as landlord surge leaves realty famine

  Bloomberg U.K. house prices rebounded in May after an investor rush to beat a new tax introduced last month left behind a shortage of homes for sale, according to Rightmove. Asking prices increased 0.4 percent to an average 308,151 pounds ($442,000), the property website operator said on Monday. Prices for properties traditionally sought by first-time buyers surged 6.2 percent. ...

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