Tag: sales

U.S. new home sales fall sharply; house prices rise

Sales of new single-family homes in the United States fell sharply in July to their lowest level in nine months, casting a shadow over the country’s housing recovery. Sales dropped 13.4 percent to an annual rate of 394,000 units, the Commerce Department said on Friday. While government housing data is […]

Japan to raise $10 billion through Japan Tobacco share sale

Japan’s government will sell around a third of its stake in Japan Tobacco Inc the world’s No.3 tobacco company, to raise about $10.4 billion for reconstruction of areas devastated by a 2011 earthquake and tsunami. The Ministry of Finance, which owns just over 50 percent of the $62 billion former […]