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Total private equity deal value in Asia Pacific fell 23% to $147 billion in 2023, the lowest since 2014, as fundraising dropped to a 10-year low. Japan was an outlier, with PE deal value surging 183% in 2023 to become the largest PE market in Asia Pacific for the first time. Exits declined 26% to $101 billion in 2023, with 40% via IPOs. Greater China accounted for 89% of the Asia Pacific IPO exit value. The outlook for 2024 exits remains uncertain, but funds are preparing portfolio companies for sales to meet return targets.

Private Equity Deal Value in Asia Pacific Plunges to 10-Year Low. Japan Emerges as Asia Pacific's Largest Market in Surprising Turnaround.

⏲ 0:44 👁 1.1M

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US Housing Market , Sees Sales of New Homes , Plummet in Several States.<br/>'Newsweek' reports that sales of new homes <br/>across the Northeast and Midwest plummeted <br/>in February, dragging the overall housing <br/>market down across the country.<br/>The news comes at a time when elevated <br/>mortgage rates have already dissuaded <br/>many buyers from purchasing property.<br/>In the Northeast, sales of single-family <br/>homes dropped 31.5%, while the Midwest <br/>saw a more modest decline of 2.4%. .<br/>Sales in the South and West saw <br/>positive increases, with 3.7% and 2.3%, <br/>respectively for the month.<br/>Sales in the South and West saw <br/>positive increases, with 3.7% and 2.3%, <br/>respectively for the month.<br/>According to analysts, <br/>the disappointing numbers <br/>are the result of high mortgage rates.<br/>Rising mortgage <br/>rates subdued <br/>activity in February, Yelena Maleyev, senior economist for KPMG, via 'Newsweek'.<br/>As a result of high mortgage rates, homebuyers <br/>remain reluctant despite lower prices, which <br/>dropped to their lowest level since June 2021. .<br/>As a result of high mortgage rates, homebuyers <br/>remain reluctant despite lower prices, which <br/>dropped to their lowest level since June 2021. .<br/>According to government data, the median <br/>sale price for a single-family home fell by <br/>over $14,000 to reach around $400,000. .<br/>Sales were spurred by a rise <br/>in inventory, as 1.07 million <br/>homes were available for sale <br/>at the end of the month, Yelena Maleyev, senior economist for KPMG, via 'Newsweek'.<br/>The rise in inventories was not <br/>enough to offset the upward <br/>pressure on existing home values; <br/>the median sales price rose <br/>to $384,500, the highest <br/>since November 2023, Yelena Maleyev, senior economist for KPMG, via 'Newsweek'

US Housing Market Sees Sales of New Homes Plummet in Several States

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Sanka Amidu

How can i install 1Mobile Market apps

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Gme Back

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Nike warned its revenue in the first half of fiscal 2025 will decline by a low single-digit percentage as it scales back production of some classic shoe franchises to cut costs. On a post-earnings call, Nike's CFO said the company is reducing orders for shoes like the Air Force 1 and Pegasus Running as it shifts focus to upcoming launches. Newer brands like On and Hoka have been gaining market share by offering innovative performance shoes that appeal to customers. Nike's Q3 revenue rose 0.3% to $12.43 billion, beating estimates. The company maintained its fiscal 2024 revenue growth forecast of 1%.

Nike Expects Revenue Dip in First Half of 2025 as it Slashes Production of Classic Shoe Franchises

⏲ 0:42 👁 2.5M

Android DW

How to download&install 1Mobile Market on any Android Device

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NexusTroll

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TheStreet’s J.D. Durkin brings you the biggest news of the day, including what investors are watching and the sixth largest Mega Millions jackpot.

Mega Millions jackpot at almost $1 billion

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Hack Like a boSS

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Josh Oros

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