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Financial Hub

All articles tagged with #financial hub

business7 days ago•15 min saved

Dallas-based TXSE launches phased live trading to challenge Wall Street

The Dallas-based Texas Stock Exchange (TXSE) will begin a phased live trading rollout starting Monday, opening first to TXSE members and gradually bringing thousands of stocks online for public trading over July. By Q3 it aims to list Exchange-Traded Products and by Q4 offer corporate listings, backed by about $275 million in startup funding, as it seeks to position Dallas as a national financial hub and provide a viable alternative to NYSE and NASDAQ with a digital platform and a Dallas presence.

via The Texas Tribune|

#business #dallas #financial-hub

business2 years ago•2 min saved

"UK Lawmakers Scrutinize Shein's Potential London IPO Amid U.S.-China Tensions"

In response to concerns about losing its status as a global financial hub, London is making efforts to attract major IPOs, such as that of Chinese online retail giant Shein, which is now considering the London Stock Exchange due to strained U.S.-China relations. British officials are working to modernize the financial sector to appeal to tech companies and counteract the impact of Brexit, which has seen cities like Amsterdam surpass London in share trading.

via The New York Times|

#brexit #business #financial-hub

real-estate3 years ago•1 min saved

Singapore Implements Property Tax Increase to Curb Soaring Rents and Prices

Singapore's property market is experiencing soaring residential rents, with some landlords increasing rents by 60%, 75%, and even 100%. This is causing concern for the city-state's bid to overtake Hong Kong as Asia's premier financial hub. The rising rents are impacting expats and locals alike, with many struggling to afford the high cost of living.

via The Wall Street Journal|

#financial-hub #housing #property-market