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Despite Record Penthouse Sale, Manhattan Real Estate Market Continues To Slip

Uncertainty about the Manhattan real estate market led to the number of first quarter closed sales in Manhattan reaching its lowest level in a decade.  GETTY While hedge fund billionaire Ken Griffin’s record $238 million purchase of a penthouse at 220 Central Park South helped push the average sale price up nearly 10%, the Manhattan real estate market continued to soften, with the ... Read More »

Share market update: Realty stocks subdued; HDIL, IB Real Estate top losers

NEW DELHI: Most realty stocks, including Housing Development & Infrastructure (HDIL)(down 1.53 per cent), Indiabulls Real EstateNSE -2.79 % (down 1.48 per cent) and Prestige Estates Projects (down 1.27 per cent), were trading with losses. The Nifty Realty index was trading 0.22 per cent down at 267 around 02:30 pm. Sobha (down 0.68 per cent), Phoenix Mills (down 0.63 per cent) and Brigade ... Read More »

Vietnam: The Next Frontier in Asia’s Luxury Real Estate Market

Ho Chi Minh city skyline PHUNG HUYNH VU QUI / GETTY IMAGES Activity in the luxury real estate market is surging in Vietnam, mirroring a booming economy that posted a 7.38% year-over-year increase in GDP in the first quarter of 2018—the country’s strongest in a decade. In Hanoi, plots in Starlake City, a multimillion-dollar planned community of luxurious villas and landed ... Read More »

Anker, America’s Favourite Charging Solutions Brand, Has Big Plans for the Indian Market

HIGHLIGHTS Anker Innovations formally entered India back in 2015 It is set to expand its presence via offline channels SoundCore range of audio products will launch in India this September India has been a significant market for smartphone vendors for a long time and with the swift growth of smartphones, the country has also recently been attracting smartphone accessory makers as well as companies ... Read More »

Smartphone Market to Stay Cool in 2018, Reignite in 2019 Thanks to India and 5G: IDC

International Data Corporation forecast Wednesday that global smartphone sales would cool this year before heating up with help from new 5G networks and India’s vibrant market. An IDC Worldwide Mobile Phone Tracker expected smartphone sales to slip two-tenths of a percent this year to total 1.462 billion in a second straight year of slight decline. But IDC predicted that the smartphone market ... Read More »

Google Home Beats Amazon Echo to Lead Global Smart Speakers Market in Q1 2018: Canalys

HIGHLIGHTS 3.2 million Google Home, Mini devices shipped in Q1 2018 2.5 million Echo devices shipped in Q1 2018 Total of 9 million smart speaker units shipped After the first quarter analysis of the wearable segment, Canalys now takes a look at the relatively new but disruptive smart speaker market globally. The total number of shipments reached 9 million in the ... Read More »

Sony Has No Plans to Exit Smartphone Market, Says CEO Kaz Hirai

While you may have some other choices in your mind or thinking of opting for a new iPhone or a fresh Galaxy series Android smartphone, Sony is set to continue the sale of its Xperia phones in the highly competitive smartphone market. In a media interview, CEO Kaz Hirai confirmed that Sony is not considering an exit from the smartphone market and instead, is planning to ... Read More »

Studying Electric Vehicle Market In India Closely, Says Volkswagen

As and when the Indian market is ready for EVs, Volkswagen Group will be ready with its products German auto major Volkswagen is monitoring electric vehicle scenario in India and will be ready with its range of products for the country as soon as the market is ready, a company official said. “Volkswagen Group is studying the developments on electric ... Read More »

Toyota seeking to halve Japan car models as domestic market shrinks

 Toyota Motor Corp is aiming to halve the number of car models it sells at home by 2025, a person briefed on the matter said – the second time this month that a Japanese automaker has emerged with plans to sharply scale back in a shrinking domestic market. Car sales in Japan have been on a declining trend for more ... Read More »

Market Now: Realty stocks fall; IB Real Estate slips over 2%

Sun Pharma, ITC, Lupin, Axis Bank, TCS and Infosys were the top losers in the Nifty pack. NEW DELHI: Nifty Realty index slipped over 1 per cent in Wednesday’s early trade to hit 283, erasing most of the gains of the previous session. The index was trading 1.10 per cent down at 284 around 10.25 am (IST) with shares of Indiabulls ... Read More »