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  • Housing market picking up in UK Housing market picking up in UK

    LONDON - The UK housing market seems to be picking up with gross mortgage lending up 4.3 per cent in April over previous month to 12.1 billion pounds, the highest in over four years, according to the Council of Mortgage Lenders (CML). The mortgage lending was 21% higher than April 2012, but this data is skewed by the end of the stamp duty concession on 24 March, 2012. Under the stamp duty ...

  • Work starts on creation of new Dubai island Work starts on creation of new Dubai island

    Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...

  • Questions raised over valuation dropping Guptas property price in S. Africa

    An objection has been lodged over an error on the 2013 property valuation of a property owned by the well-connected Indian family in Johannesburg. Spokesperson Kgamanyane Maphologela said the City objected to valuations on four out of 14 properties belonging to the Gupta family. According to news 24, Maphologela was responding to a report in the Saturday Star that one of the properties' value ...

  • US immigration reform bill clears key Senate hurdle

    A bipartisan immigration reform bill cleared a key hurdle after its authors negotiated a compromise with a Republican senator to relax some restrictions on high-tech companies on hiring foreign techies, many of whom come from India. Members of the Democratic-controlled panel Senate Judiciary Committee approved the measure 13-5 with three Republicans joining 10 Democrats after the so-called ...

  • Financial oversight panel to approve Baltimore property tax credit

    A Baltimore oversight panel is expected to approve an additional property tax credit Wednesday for city homeowners. The tax break - known as the Targeted Homeowners' Tax Credit and based on the assessed value of improved property - will reduce taxes by $140 on a property assessed at $200,000. The credit will cost the city an estimated $16 million in the second year of the program. The tax ...


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Movie Review

Following [Blu-Ray]

Following [Blu-Ray]

Viewed in retrospect, one can easily recognize Christopher Nolans noiresque no-budget feature debut Following as a harbinger of things to come, an exercise in the kind of temporal gymnastics, sleight-of-hand shifts in perspective, and rigorous insights into the dark depths of human na ... ...

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  • Futures rise all eyes on the Fed

    Chairman Ben Bernanke goes before Congress to testify about the state of the U.S. economy. Comments from two Fed officials this week are already pushing markets higher. Also Wednesday, economists expect ...

  • No property tax hike in proposed Greensboro Rockingham budgets + Market funding remains in Senate budget

    State money for the High Point Market remains virtually unscathed in the Senate's budget proposal. -- The proposed $458 million budget for Greensboro keeps the property tax rate the same, but includes some fee hikes, the News & Record reports. Those include a proposed 3.5 percent increase in water rates and 7.5 percent increase in water rates for those outside city limits. -- In ...

  • Rogers Zoocasa real-estate brokerage reduces agents commissions

    A house for sale in Toronto's Beaches: Zoocasa is aiming to win market share with rebates to buyers and sellers. (BRETT GUNDLOCK FOR THE GLOBE AND ...

  • McKee pushes forward despite legislative defeat

    Paul McKee Developer Paul McKee says he is pushing ahead with his NorthSide Regeneration plan even though Missouri's Legislature did not extend a tax credit program that could have provided key funding for the project. McKee said he was "disappointed" that the Legislature did not extend the Distressed Areas Land Assemblage tax credit, which will expire in August, the St. Louis ...

  • Grafton developing 10-acre industrial court

    The city of Grafton received approval to purchase about 10 acres of land for a light industrial court. The city will pay $18,000 an acre, or about $180,000 for the 10 acres, the Alton Telegraph reports. The land has been rezoned commercial from its previous designation as agriculture. The land is adjacent to about 13 acres of land that American Heartland Fish Products LLC purchased for its fish ...

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