By Herbert Lash

New York nabs global property crown from London on Brexit fears

By Herbert Lash NEW YORK (Reuters) - New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a global...

Saturday, August 20, 2016, 12:26 AM

New York nabs global property crown from London on Brexit fears

By Herbert Lash NEW YORK (Reuters) - New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a global...

Saturday, August 20, 2016, 12:25 AM

New York nabs global property crown from London on Brexit fears

By Herbert Lash NEW YORK (Reuters) - New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a global...

Saturday, August 20, 2016, 12:22 AM

Manhattan office leasing activity in July shows resilience

By Herbert Lash NEW YORK (Reuters) - A jump in Manhattan office leasing activity in July indicates more resilience in New York's commercial real estate market than recent data has suggested, with asking prices poised to surpass their record high in 2008...

Tuesday, August 9, 2016, 2:15 AM

Berkeley study finds scarce evidence of market 'front-running'

By Herbert Lash NEW YORK (Reuters) - Two University of California, Berkeley professors have taken a deep dive into new data and found that claims in Michael Lewis' bestseller "Flash Boys" that retail investors are being gouged, or "front-run," by high-speed...

Saturday, July 30, 2016, 1:22 AM

Dollar slides on U.S. GDP, Japan bonds fall on BOJ move

By Herbert Lash NEW YORK (Reuters) - Weak U.S. economic growth data knocked down the dollar and yields on U.S. government debt Friday, while Japanese government bond yields rose the most in eight years after investors reacted coolly to the Bank of Japan'...

Friday, July 29, 2016, 6:08 AM

Dollar slides on U.S. GDP, Japan bonds fall on BOJ move

By Herbert Lash NEW YORK (Reuters) - Weak U.S. economic growth data knocked down the dollar and yields on U.S. government debt Friday, while Japanese government bond yields rose the most in eight years after investors reacted coolly to the Bank of Japan'...

Friday, July 29, 2016, 6:08 AM

U.S. stocks rebound, yen weakens on BOJ stimulus report

By Herbert Lash NEW YORK (Reuters) - U.S. stocks mostly rose on Thursday in anticipation of results from tech heavyweights Alphabet and Amazon, while the yen eased after Reuters reported the Bank of Japan was considering expanding monetary stimulus to...

Wednesday, July 27, 2016, 8:33 PM

U.S. stocks rebound, yen weakens on BOJ stimulus report

By Herbert Lash NEW YORK (Reuters) - U.S. stocks mostly rose on Thursday in anticipation of results from tech heavyweights Alphabet and Amazon, while the yen eased after Reuters reported the Bank of Japan was considering expanding monetary stimulus to...

Wednesday, July 27, 2016, 8:33 PM

Yen slips as central banks' views leave stocks mixed

By Herbert Lash NEW YORK (Reuters) - The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets mostly declined following the Federal Reserve's decision to leave interest rates...

Tuesday, July 26, 2016, 8:29 PM

Yen slips as central banks' views leave stocks mixed

By Herbert Lash NEW YORK (Reuters) - The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S. equity markets mostly declined following the Federal Reserve's decision to leave interest rates...

Tuesday, July 26, 2016, 8:29 PM

Yen jumps before Bank of Japan meeting, oil mixed

By Herbert Lash NEW YORK (Reuters) - A buoyant yen and U.S. oil prices at three-month lows kept stock markets on the defensive on Tuesday as investors awaited central bank meetings this week that will unveil new stimulus in Japan and may provide clues on U.S...

Monday, July 25, 2016, 8:38 PM

Yen jumps before Bank of Japan meeting, oil mixed

By Herbert Lash NEW YORK (Reuters) - A buoyant yen and U.S. oil prices at three-month lows kept stock markets on the defensive on Tuesday as investors awaited central bank meetings this week that will unveil new stimulus in Japan and may provide clues on U.S...

Monday, July 25, 2016, 8:38 PM

Global stocks dip ahead of Fed meeting; oil drops on glut

By Herbert Lash NEW YORK (Reuters) - Global equity markets edged lower on Monday as a 2 percent drop in crude prices weighed on investor sentiment and traders awaited signals of a potential interest rate increase this year from this week's meeting of U.S....

Sunday, July 24, 2016, 8:54 PM

Global stocks dip ahead of Fed meeting; oil drops on glut

By Herbert Lash NEW YORK (Reuters) - Global equity markets edged lower on Monday as a 2 percent drop in crude prices weighed on investor sentiment and traders awaited signals of a potential interest rate increase this year from this week's meeting of U.S....

Sunday, July 24, 2016, 8:54 PM

WeWork demands start-up tenant take down critical blog

By Herbert Lash NEW YORK (Reuters) - WeWork Cos, the office-space sharing start-up with an estimated $16 billion valuation, has demanded that one of its tenants take down a blog on a public website that suggests the rate at which members leave has surged in recent...

Thursday, July 21, 2016, 7:42 PM

Manhattan office leasing still strong but correction under way

By Herbert Lash NEW YORK (Reuters) - Office leasing activity in Manhattan remains strong but tell-tale signs - such as rising landlord concessions and companies that renew contracts rather than take new space - indicate a market in correction, realtor Cushman...

Tuesday, July 19, 2016, 12:45 PM

Luxury home sales plunge in Long Island's tony Hamptons

By Herbert Lash NEW YORK (Reuters) - Overall sales plunged by about half and home prices fell sharply in the second quarter in the toniest enclaves of the Hamptons, New York's weekend haunt for the wealthy, as stock market jitters earlier in the year damped...

Monday, July 18, 2016, 5:36 PM

Luxury home sales plunge in Long Island's tony Hamptons

By Herbert Lash NEW YORK (Reuters) - Overall sales plunged by about half and home prices fell sharply in the second quarter in the toniest enclaves of the Hamptons, New York's weekend haunt for the wealthy, as stock market jitters earlier in the year damped...

Monday, July 18, 2016, 5:36 PM

WeWork sues ex-employee for disclosing information to reporters

By Herbert Lash NEW YORK (Reuters) - WeWork Companies Inc, a closely held operator of shared office space, has sued a former employee for unauthorized disclosure of information to Bloomberg News that showed the firm, which is valued at $16 billion,...

Saturday, July 16, 2016, 6:55 PM