Monthly rent in Shanghai’s city-center costs approximately $2,700, according to data by Numbeo. Zorazhuang | E+ | Getty Images Living in a major city can come with a hefty price tag, so it’s best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of … Read more
pixelfit | E+ | Getty Images Young, wealthy investors don’t want their parents’ investments. If you’re between the ages of 21 and 43 and have at least $3 million in investable assets, your preferred investments likely aren’t your traditional mix of stocks and bonds, according to new research from Bank of America. Nearly one-third of … Read more
Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty Images Singapore and Hong Kong are generally considered Asia’s more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even … Read more
Here’s the median price to rent a 1-bedroom across 10 cities in Asia. Fraser Hall | The Image Bank | Getty Images Renting a place is a big financial decision, especially when choosing to live in a major city where price tags are particularly hefty. The general rule of thumb is to spend no more … Read more
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits, … Read more
A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. “We’ve been told as tenants by employees of Equity that the software takes empathy out of the equation. So they can charge whatever the software tells them to charge,” said Kevin Weller, a tenant at Portside Towers … Read more
China may have trouble attracting investors again this year. ETF Action’s Mike Akins sees challenges tied to the country’s ability to generate stock market returns. “It’s kind of the old cliché. Fool me once, shame on you. Fool me twice, shame on me,” the firm’s founding partner told CNBC’s ETF Edge this week. “You’ve got … Read more
