Australia jobs surge above forecasts in June, bolstering RBA hike bets

RBC Wealth Management has lured a six-person team, KPM Wealth Advisory Group, from Stifel, Nicolaus & Company to its Dallas branch. The advisors had previously overseen $1.6 billion in client assets. The team includes managing directors and financial advisors Donald Kinsey, Travis Moss and Matthew Pickett, along with senior financial associates Shawn Ezzo and Stephanie…

Noah Walters is the co-founder of Tower, a custom-built AI platform for every stage of the due diligence process. He previously practiced at Dentons Canada, where he focused on tech regulatory compliance, private M&A, and venture financings as a founding member of the firm’s FinTech and AI industry teams. Noah is based in Canada. Recorded live…

KPMG forecast full-year IPO fundraising of about HKD350bn ($44.6bn). Credit: Jr images/Shutterstock.com Hong Kong’s changes to its fund tax exemption and carried interest rules are expected to draw more regional and global asset managers to the city, according to KPMG’s latest Hong Kong Asset Management and Private Equity Outlook. The Securities and Futures Commission’s (SFC) latest Asset…

Luxury U.S. home prices are up 4.7% year over year, compared to  a 1.5% increase in non luxury prices, as homebuying demand from affluent people continues to outpace demand from average Americans. High-end buyers are more active partly because they’re less sensitive to high mortgage rates and today’s economic uncertainty.  Luxury prices are rising fastest…

Courtesy of the city of Garland A Digital Realty data center under construction in Texas in 2024 Despite soaring demand for artificial intelligence capacity, there are signs that the pipeline of data centers is slowing. While the development of data centers is still at record levels and is driving overall growth in U.S. construction, the number of data…