Investing

Democrats disagree on senate bill to wind down Fannie Mae and Freddie Mac

The recent bill discussed at the senate to wind down Fannie Mae and Freddie Mac, the two government-backed lending giants, was opposed by six democrats, who said they won’t change their stand if major alterations aren’t made to the bill.

Is London’s frenzied real estate market the next big property bubble?

London's real estate market is in boom with prices and values reaching new highs every month. But is the market headed for a crash? Is London the West's next property bubble?

China’s real estate bubble may have burst already, Nomura Report

China’s much talked-about real estate bubble may already have burst, according to economists at Nomura Securities, a leading financial firm.