A new tax on online gambling operators in the Philippines could drive up the nation’s already high office vacancy rate. The tax, signed into law last month by President Rodrigo Duterte, may prompt foreign gambling outfits and Chinese-owned companies in particular to move elsewhere, according to Hong Kong’s South China Morning Post. Vacancy rates may rise to 18 percent by the end of […]

Canada may have a problem with real estate agents acting as a cartel that serves themselves rather than clients. An investigation by the CBC found agents steered buyers away from a property because it would mean a smaller commission. A buying agent and a listing agent in Canada typically split a 5 percent commission paid by the seller, but they are supposed to negotiate commissions with each […]

Saudi nationals with close ties to the royal family bought swaths of land around Orlando, Florida in the late 1990s. Their identities have been a mystery until now. They are the Ibrahim family, one of the most influential families in Saudi Arabia, according to the Miami Herald. The newspaper pinpointed their identity through the Pandora Papers, a trove of 11.9 million documents leaked to the […]