Bloomberg Brigitte Blackman, a real estate agent in inner Sydney, says her property listings have slumped 20 percent from a September peak, and the phones at her Potts Point office are no longer ringing off the hook. As Australia barrels toward elections on July 2, political uncertainty is weighing on the nation’s A$6.4 trillion ($4.7 trillion) housing market. With ...

  Bloomberg New York’s financial regulator has issued subpoenas to two companies with ties to Apollo Global Management LLC as part of an inquiry into housing transactions for low-income buyers. The New York State Department of Financial Services subpoenaed ARM Manager LLC, an indirect Apollo subsidiary, and the real estate investment trust it manages, Apollo Residential Mortgage Inc., asking for ...

  Bloomberg Investors looking for a break from the doom and gloom of the past two years in the oil market need only turn to a hot, noisy lot in Mumbai. There on a recent Saturday, a tall, cricket-loving, 34-year-old engineer named Anil Gaikwad took part in a rite of passage that for nearly a century has helped define entry ...