U.S. Consumer Confidence Ends Year at New Lows

    Confidence index slides for fifth straight month U.S. consumers are closing the year in a noticeably pessimistic mood. The Conference Board reported that its consumer...

    Fiscal Fears Weigh on Yen and Japan Bond Market

    Market doubts overshadow central bank tightening Japan could face further weakness in the yen and continued upward pressure on government bond yields as investors grow...

    Australian Retirement Trust to Buy Stake in Westfield Sydney

    Transaction values mall at A$4.3 billion The Australian Retirement Trust will acquire a near 20% stake in Scentre Group’s flagship Westfield Sydney shopping mall for...