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Chinese investment in Australia surges 11.7% as deals hit record

  Bloomberg Chinese investment in Australia surged 11.7 percent last year to A$15.4 billion ($11.5 billion) amid booming demand for agricultural assets and infrastructure, according to a report released on Monday. A record 103 deals were signed with Chinese companies in 2016, with 76 percent of those reached with private firms, KPMG and the University of Sydney said in the ...

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After oil, real estate becomes Canada’s new crutch

  Bloomberg Two things happened last week that were a reminder of just how vital real estate has become to Canada’s economy. Statistics Canada released gross domestic product data that showed February was a banner month for sectors linked to housing. The real estate industry, residential construction, financial and legal services generated a combined 0.5 percent increase in output, the ...

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UK warns Google, Twitter, FB to better fight hate speech

  Bloomberg UK Home Secretary Amber Rudd warned Facebook Inc,. Alphabet Inc.’s Google, and Twitter Inc. to improve monitoring of extremist and hate content after a panel of lawmakers urged her to consider making the hosting of such material a crime. A report from Parliament’s cross-party Home Affairs Committee, published on Monday, said the companies are “shamefully far” from having ...

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