Tesla Board WeighsMusk’s Go-Private Gambit Doubted by the Market
August 29, 2018

Wall Street and Washington have the same question for Elon Musk: Where’s the money?

Two days after he vowed on Twitter that he had “funding secured” for a spectacular $82 billion deal to take Tesla Inc. private, he has offered Continue reading

U.K. Housing Market Stays Subdued as Brexit, Rates Deter Buyers
August 26, 2018

The U.K. housing market remained listless in July as Brexit uncertainty intensified and Britons braced for an interest-rate increase from the Bank of England, according to the Royal Institution of Chartered Surveyors.

Prices and sales stagnated and property values Continue reading

Saudi Investment Freeze Doesn’t Amount to Much in Canada
August 22, 2018

The decision by Saudi Arabia to halt new investments and unload assets in Canada is likely to have limited impact.

Saudi assets in Canada are confined mainly to stakes in upscale hotel operators, some small stock holdings in companies like Continue reading

Dollar Debt Will Be Elusive to Turkey as U.S. Sanctions Bite
August 21, 2018

The summer holiday in the bond market may be a long one for Turkey.

New dollar issuance, including government and corporate-sector bonds, has dried up, with no sales recorded since April, according to data compiled by Bloomberg. And with corporate-bond Continue reading

Yuan Gains After PBOC Move, Asian Stocks Climb: Markets Wrap
August 21, 2018

The yuan extended gains following a rally triggered by a surprise China central bank move to make it more expensive to bet against the currency. Asian stocks advanced Monday as the earnings seasons rolls on.

The offshore yuan built on Continue reading

As Tesla ConsidersGoing Private, Wall Street Wonders How
August 14, 2018

Elon Musk might have a clear plan for taking Tesla Inc. private. Analysts aren’t convinced.

Reactions to the chief executive officer’s tweet Tuesday that he was considering going private have widely varied on Wall Street. While some analysts say the Continue reading

Snap Revenue Beats on Mobile-Ad Demand; Alwaleed Takes Stake
August 12, 2018

Snap Inc.’s second-quarter revenue topped analyst projections, signaling a pickup in demand for mobile advertising even as a controversial redesign of the Snapchat mobile app continued to hinder user growth.

Separately, Saudi billionaire Prince Alwaleed Bin Talal said he invested Continue reading

Trump Wont Kill Off Germanys Trade Surplus
August 11, 2018

Germany’s trade surplus is likely to stay large no matter how hard Donald Trump tries to make it disappear.

The U.S. president has accused his ancestral homeland — his grandfather was a German immigrant — of unfair trade practices and Continue reading

Kushners Unload 666 Fifth Ave. to Brookfield in 99-Year Lease
August 4, 2018

The Kushner family’s real estate company has secured a crucial investment in its over-leveraged New York skyscraper, reaching a deal to lease the building’s office space for 99 years to a Canadian asset manager.

The arrangement with Brookfield Asset Management Continue reading