Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
HONG KONG/BEIJING The local authorities running several major Chinese cities have begun to ease restrictions on pre-sales of new apartment buildings, and are in some cases for the first time in about a year allowing developers to raise prices slightly.
China's Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.
SHANGHAI/BEIJING/HONG KONG Chinese real estate companies have found a new tool to raise money - selling units in real estate investment trusts (REITs) backed by rental apartments. There is just one problem - in some cases the rental income may not be enough for the returns that REITs issuers indicated they will pay investors.
TAIPEI Shares of Taiwan Semiconductor Manufacturing Co Ltd tumbled and other Apple supplier and chip stocks fell after it cut its full-year revenue target on softer demand for smartphones.
TAIPEI Taiwan Semiconductor Manufacturing Co Ltd , the world's largest contract chipmaker, revised its full-year revenue target to the low end of its earlier forecast due to softer demand for smartphones and uncertainty in cryptocurrency mining market.
HONG KONG Major Chinese real estate companies are renting more of the apartments they develop as they respond to President Xi Jinping's demand that China should produce homes to live in not to speculate on.
HONG KONG The publication of eye-catching sales targets by many Chinese developers this year has contributed to a sharp rise in their share prices as investors built in rosy expectations for the companies.
HONG KONG China Evergrande Group on Monday said it aimed to break into the world's top 100 companies by revenue within three years, a goal the Chinese property developer said required a 60 percent jump in sales.
HONG KONG China's Country Garden Holdings Co Ltd said annual core profit doubled to a record on robust domestic sales and was hopeful about a high-profile property project in Malaysia despite a sharp drop in sales to mainland Chinese buyers.
HONG KONG China's HNA Group [HNAIRC.UL] is selling a land parcel in Hong Kong to local developer Wheelock and Co Ltd for $811.1 million (587.5 million pounds), the latest in a string of global asset disposals to ease its liquidity crunch.
- Gold: PRECIOUS-Gold slips as U.S-China trade war put 'on hold'
- Oil Report: GLOBAL MARKETS-Stocks rally after Mnuchin says Sino-U.S. trade war "on hold"
- British Pound Report: Sterling falls as dollar climbs, EU customs union concerns weigh
- US Dollar Report: FOREX-Dollar edges up vs yen as U.S.-China trade war fears recede