Monthly Archives: March 2014

You No Longer Have To Be A Millionaire To Flip Houses In San Francisco

Posted on by Listify Me
You've probably heard all about how San Francisco's real estate market is insanely hot.  Here are a quick few pieces of data to remind you. First, there's this flier listing apartment rents that SF-based writer Adam Carstens posted to Twitter a couple weeks ago. Yes, that's a studio for $2,795. Adam Carstens Next there's this chart from Morgan Stanley. It shows that San Francisco real estate prices are up ~50% since the trough of the housing recession. Finally, here's a chart Read more [...]

Kim Jong-un wins 100% of the vote in North Korean elections

Posted on by Listify Me
Standing in the highly symbolic Mount Paekdu district, Kim was declared victorious this morning ahead of the results for any of the other 700 or so seats.Rather than being a democratic choice between candidates, elections in North Korea superficially provide the people with the chance to approve the politicians pre-selected by the leading party. Each ballot has a single named listed with the option to pick “yes” or “no”.In practical terms, however, they are a powerful tool for the government Read more [...]

FTSE 100 watch: Weak China figures pressure London-listed miners

Posted on by Listify Me
iNVEZZ.com, Monday, March 10: Britain’s blue-chip index has lost ground today, dragged down by mining stocks with investors focusing on weak export data from China, the world’s top metals consumer. Shares in Rolls-Royce Holding Plc (LON:RR) have advanced today after the FTSE 100 engine maker said that it would acquire Daimler’s stake in their power systems joint venture.FTSE 100 inches lowerAs of 12:18 UTC, the FTSE 100 index had lost 2.64 points to be 0.04 percent down at 6,710.03 after having Read more [...]

Historic Preservation: Ryefields captures 1930s Aiken

Posted on by Listify Me
Editor's note: This is one story in a series highlighting the winners of the Historic Aiken Foundation's 2014 Preservation Awards. Nestled on the 500 block of Sumter Street in the Historic Horse District among other Winter Colony homes, Ryefields is listed on the National Register of Historic Places, and owners Jim and Sarah Wildasin were recognized for their efforts in preserving the original character of the 1931 home. The Wildasins were Read more [...]

Temasek’s pivot to private investment heralds billion-dollar listed asset sales

Posted on by Listify Me
A staff member is reflected in a Temasek Holdings logo at their headquarters. Under the guiding hand of chief executive Ho Ching, the wife of Singapore’s prime minister, the state investor is morphing into a leaner form. — Reuters picSINGAPORE, March 10 — Singapore’s Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts Read more [...]

Temasek’s pivot to private investment heralds billion-dollar listed asset sales

Posted on by Listify Me
SINGAPORE (Reuters) - Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns. Under the guiding hand of chief executive Ho Ching, the wife of Singapore's prime minister, the $170 billion state investor is morphing into a leaner form. The firm's returns have often lagged its own internal metric in recent years Read more [...]

Temasek’s pivot to private investment heralds billion-dollar listed asset sales

Posted on by Listify Me
* Singapore state investor seen cutting listed firm stakes * $170 bln fund's move comes as returns trail its own target* More private equity, more picky on big public holdingsBy Saeed AzharSINGAPORE, March 10 (Reuters) - Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.Under the guiding hand of chief Read more [...]

10 best Chinatowns across the USA, DC makes the cut

Posted on by Listify Me
5. Philadelphia: Small — just about six square blocks — and easily accessed by public transportation, the neighborhood is demarcated by the Friendship Arch at 10th Street, built by Chinese artisans and symbolic of the cultural exchange between Philadelphia and its sister city, Tianjin, China. Appealing for its Asian grocery stores, porcelain, china and herb shops, and especially restaurants, Chinatown offers a range of Asian food — not just Chinese, but also Read more [...]

UAE’s Arabtec agrees $40 billion housing project with Egypt army

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Reuters Arabtec logos are seen on buildings under construction in the Marina area of Dubai in this picture taken November 28, 2009. REUTERS/Steve CrispCAIRO (Reuters) - Arabtec Holding , Dubai's largest listed construction firm, has agreed with the Egyptian army to build one million houses in a project worth 280 billion Egyptian pounds (24.06 billion pounds), it said in a statement on Sunday. The project, one of the biggest in the region, is seen as a boost to the country of 85 million Read more [...]