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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 ...

  • Slowdown Nearly half of Canadian homeowners eager to buy property

    Undeterred by record-high housing prices and bolstered by low borrowing costs, nearly half of Canadian home owners plan to buy a property in the next five years, although intentions vary sharply from city to city, a poll released Wednesday has found.According to a Bank of Montreal survey, 45 per cent of Canadian homeowners surveyed this spring are looking to buy a place in the next five years, a ...


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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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  • Lawmaker says systemic council is opaque

    WASHINGTON (MarketWatch) -- A lawmaker on Wednesday pestered a key Obama administration official about a systemic risk super-council charged with identifying risks to the economy, arguing the group's vital proceedings lack ...

  • Debt-Ceiling Alarm Bell Tolls

    debt ceiling getting restored on May 19, alarm bells have started tolling across the country to address this highly politicized and polarizing issue to give it a fresh lease of life. However, calming the frayed nerves, ...

  • Rent aid for new tenants only

    Housing Minister Nick Smith has finally cleared up a mystery from last week's Budget - disclosing that only new tenants moving into community housing, and not existing tenants, will get state-subsidised rents. That explains how he was able to extend income-related rental subsidies to community housing tenants for an average of only $35 a week per house by 2016-17, only a sixth of the $215 ...

  • Legacy Partners buys big RREEF offering in Santa Clara for rumored $100M

    Marriott Business Park just sold to Legacy Partners from Deutsche Asset & Wealth Management. In the latest sign of red-hot investor interest here, an affiliate of Legacy Partners has picked up Marriott Business Park, a 12-building office park in Santa Clara just a skip away from the new Levi's Stadium. Foster City-based Legacy closed on the 427,500-square-foot campus that sprawls along ...

  • Oregons earliest pinot noir grapes get a plaque

    Oregon Travel Experience will honor the spot where the state's first pinot noir was planted in 1961. A marker at HillCrest Winery and Distillery in Roseburg will honor an important moment in Oregon history. Oregon Travel Experience will install a plaque in early 2014 at HillCrest, which planted the states first pinot noir grapes in 1961. HillCrest released its first wine in 1967, signalling ...

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