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Twin records for Hong Kong property flout bid to tame market

  Bloomberg Hong Kong’s property market is setting new records, quashing attempts by the city’s leaders to tame surging home prices. Existing home prices reached an all-time high in the week ended February 19, according to the Centaline Property Centa-City Leading Index, which tracks sales of secondary homes. In another sign of buyer demand, two Chinese companies bid a record ...

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Mexico warns US of cutting off Nafta talks if tariffs proposed

  Bloomberg Mexico’s top trade negotiator doubled down on threats to break off talks to rework Nafta, saying his country will walk away if the US insists on slapping duties or quotas on any products from south of the border. “The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ Iget up from the table,” ...

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FCStone bets on tech transforming physical gold market

  Bloomberg INTL FCStone Inc. is betting the $170 billion physical gold market will follow the rest of the bullion world in catching up with technology. The brokerage has started a platform that brings everyone from refiners to jewelers together to trade metal around the world, said Barry Canham, who heads the company’s precious metals division. At the moment, the ...

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