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Integrated Securities joins Nasdaq Dubai

DUBAI / WAM Integrated Securities, one of the UAE’s brokerage firms and a subsidiary of Abu Dhabi Financial Group (ADFG) has become a Member of Nasdaq Dubai, providing its clients with the opportunity to trade equities on the region’s rapidly expanding international stock exchange. Integrated Securities’ arrival on the market opens a new gateway for both its retail and institutional ...

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HK realtors under pressure to cut prices amid slowdown

Hong Kong / Bloomberg Hong Kong’s developers, who are throwing in enticements from iPhones to wine coupons in response to the slowest home sales in 25 years, might be running out of gimmicks to stoke demand. Most buyers aren’t biting as property analysts predict prices will fall as much as 25 percent this year after declining 11 percent since September. ...

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Fresh Direct nets $48mn for Long Island city site

Bloomberg Online grocer Fresh Direct LLC sold its longtime home in the Long Island City section of Queens to a developer, drawing an outsized price for a property in a rapidly gentrifying area, even though it can’t be converted into residences. The 276,705-square-foot warehouse at 23-30 Borden Ave. was sold for $48 million, according to a person with knowledge of ...

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