SYDNEY / Bloomberg The $5.3-trillion currency market is getting harder for traders to make money in as price changes that once took months or weeks now happen more quickly, says Hugh Killen, Westpac Banking Corp.’s head of trading for foreign exchange, fixed income and commodities. Liquidity is drying up because investors and banks are shying away from taking risk, and ...

PARIS / Bloomberg A partnership led by by Chinese billionaire Wang Jianlin’s Dalian Wanda Group Co. plans to invest more than €3 billion in a retail and leisure development project outside of Paris, taking on Walt Disney Co. in the euro area’s second-largest economy. EuropaCity will be built 10 kilometers northeast of Paris. It will be the biggest single investment ...

NEW YORK / Bloomberg At the very top of his newly constructed condo tower in SoHo, developer Kevin Maloney saw a problem: a triplex penthouse priced at $45 million that he knew wouldn’t sell in a Manhattan market where luxury deals are slowing. So he ripped up the floor plan and chopped the apartment with about 8,400 square feet of ...