Bloomberg Toronto home prices rise to a record as a sharp decline in the number of properties coming up for sale stoked competition among buyers, leaving little prospect market will cool soon. The average price of a home sold in the Toronto region in November was was about $904,000, up 22% from last year. The number of new listings fall …

Bloomberg A brutal 2021 selloff for Chinese stocks trading in the US has now erased more than $1 trillion in value since February and shows no signs of easing as regulators on both sides of the globe continue to put pressure on the firms. The Nasdaq Golden Dragon China Index — which tracks China-exposed firms listed in the US — …

Bloomberg Bitcoin plunged along with other cryptocurrencies, in another indication of the risk aversion sweeping across financial markets. The largest digital token falls as low as $42,296 before paring some of the tumble. It was trading at about $48,300 as of 10:31 am in New York, a drop of about 10%. The token has now declined more than 20% from …