The Tokyo-headquartered real estate firm Open House Group Co. Ltd. is now accepting cryptocurrency payments from global customers looking to purchase Japanese real estate. In a press statement, the company said it has been exploring the application of cryptocurrencies...
The governor of the Bank of England has issued a warning that proposals by the UK government to relax limits on riskier mortgage lending could start a new wave of home repossessions. The Financial Times reports that Andrew Bailey warned Parliament that he was “very...
The European Central Bank (ECB) announced its fifth rate cut since June with the lowering of three interest rates by 25 basis points. The rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.75%, 2.90%...
Christie’s International Real Estate has expanded its Asian presence with the launch of Christie’s International Real Estate Hong Kong. The new venture is led by Hong Kong native Samson Law, whose more than three decades of local real estate experience includes the...
The Canadian farm goods store chain Peavey Mart announced it is closing all its locations. The Red Deer, Alberta-headquartered company recently closed 22 stores in Ontario and Nova Scotia. In a posting yesterday on social media, the company stated it “had sought and...
The Bank of Canada announced a 25-basis point cut to its overnight rate to 3% while bringing an end to its quantitative tightening policy as the national economy grows stronger. The Canadian central bank also brought down its Bank Rate to 3.25% and the deposit rate at...
