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Canadian existing home sales rose in March: CREA

Sales of existing homes in Canada rose in March from February as gains in the biggest markets of Toronto and Vancouver continued to support the rest of the country, the Canadian Real Estate Association said on Wednesday. The industry group for Canadian real estate agents said sales activity was up 4.1 percent last month from February. CREA’s home price index rose 4.95 percent from March 2014.

Blackstone secures $600 million for Miami luxury mall

By Zachary Fagenson MIAMI (Reuters) – Blackstone Group LP has secured a $600 million loan for a Florida developer turning a once dingy, warehouse district in Miami into a premier luxury retail destination, according to sources familiar with the deal. Blackstone will hold a $100 million mezzanine portion of the loan with the Bank of China providing $250 million, Craig Robins, president and chief executive of Miami-based Dacra Development, told

Wednesday, April 15: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price managed to creep back to the $1,200 spot mark in early Far East trading on their Tuesday morning—and that lasted until noon in Hong Kong.  At that point the HFT boyz showed up—and it was all down hill into the release of the retail sales numbers shortly before 8:30 a.m. EDT. The dollar index crashed—and gold, along with the other precious metals, moved

Nigeria in talks with Russia's Rosatom for nuclear power plants

By Chijioke Ohuocha and Svetlana Burmistrova LAGOS/MOSCOW (Reuters) – Nigeria is in talks with Russia’s state-owned Rosatom to build nuclear power plants, as Africa’s most populous nation tries to end of decades of blackouts that has blighted its economy. Africa’s biggest economy has no experience in developing and operating nuclear power plants but has a gamma facility and small reactors producing around 30 kilowatts for research, Franklin Erepamo Osaisai, chief