Real Estate
  • Alibaba surges 38 percent on massive demand in market debut

    Alibaba surges 38 percent on massive demand in market debut

    By Liana B. Baker and Jessica Toonkel and Ryan Vlastelica, Reuters

    NEW YORK (Reuters) - Alibaba Group Holding Ltd's <BABA.N> shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to...

  • Alibaba set to price IPO shares amid investor frenzy

    Alibaba set to price IPO shares amid investor frenzy

    By Liana B. Baker and Jessica Toonkel and Deepa Seetharaman, Reuters

    (Reuters) - Underwriters for Alibaba Group Holdings are planning to allocate the bulk of the heavily anticipated offering from the Chinese e-commerce company to a group of 25 to 50 large institutions...

  • U.S. jobless claims data point to firming labor market

    U.S. jobless claims data point to firming labor market

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting a sharp slowdown in job growth in August was an aberration...

  • U.S. housing starts fall; prior month's data revised higher

    U.S. housing starts fall; prior month's data revised higher

    By Reuters

    WASHINGTON (Reuters) - U.S. housing starts and permits fell in August, but upward revisions to the prior month's data suggested the housing market continued to gradually improve. Groundbreaking...

  • China's house prices fall further, economic gloom deepens

    China's house prices fall further, economic gloom deepens

    By Xiaoyi Shao and Lu Jianxin, Reuters

    BEIJING/SHANGHAI (Reuters) - Worries that China's economy may be slowing further intensified on Thursday as data showed home prices fell for the fourth straight month, adding to expectations that...