Market

By Jamie McGeever ORLANDO, Fla. – Hedge funds look to be on the right side of the seismic moves in Treasuries that have propelled short-dated borrowing costs higher, intensified flattening …

LONDON – Already rapid house price growth in Britain hit a new six-month high in January but momentum in the housing market could soon fade because of a growing cost-of-living …

By Rodrigo Campos NEW YORK – Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to weaker local currencies and increasing …

– James Hardie, the world’s largest fibre cement maker, on Monday raised its annual profit forecast for the fourth time this fiscal year, and guided to even higher earnings next …

By Rodrigo Campos and Marc Jones NEW YORK/LONDON – Developing world investors, buffeted by various “taper tantrums” over the last decade, are now nervously watching as the rainmaker of global …

By Patturaja Murugaboopathy and Gaurav Dogra – Poorer ’emerging market’ countries are facing the headwind of rising global interest rates this year, which in the past has prompted international investors …

Ailan Evans on February 3, 2022 Facebook parent company Meta is on pace to lose roughly $200 billion in market value as shares plummeted early Thursday. The company’s shares dropped …

Private firms’ payroll unexpectedly decreased by 301,000 in January as the Omicron coronavirus variant slowed down the recovering labor market, according to the ADP National Employment Report. The 301,000 jobs …

FRANKFURT – A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday. Citing preliminary figures, the German cement maker …

By Bozorgmehr Sharafedin LONDON – The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has sent the premium …

MEXICO CITY – AT&T’s top executive in Mexico has urged the government to place limits on its telecom rival America Movil and keep it out of new markets to ensure …

By Julie Gordon and Nichola Saminather OTTAWA – The Bank of Canada’s decision to delay a rate hike for five more weeks will add fuel to Canada’s scorching housing market …

By John Revill ZURICH -Swiss banks have criticised planned new measures designed to cool the country’s red hot property market, saying the steps were unnecessary and would do nothing to …

By John McCrank and Katanga Johnson WASHINGTON – A year after the “meme stock” rally humbled hedge funds and roiled Wall Street, the U.S. Securities and Exchange Commission (SEC) is …

By Caroline Valetkevitch and Chuck Mikolajczak NEW YORK – As the small cap Russell 2000 hovers near bear market territory, some strategists are optimistic the index and U.S. stock market …

By Wayne Cole SYDNEY – Australia’s core inflation flew to its fastest annual pace since 2014 in the December quarter as fuel and housing costs led broad-based price pressures, a …

WASHINGTON – U.S. President Joe Biden does not look at the stock market as a way to judge the strength or weakness of the U.S. economy, White House press secretary …

By Saqib Iqbal Ahmed NEW YORK – Traders in the options market showed little appetite to bet on an end to the continuing stock market sell-off on Monday, as Wall …

By Carolina Mandl and Tatiana Bautzer SAO PAULO – A frenzy of talks for mergers and acquisitions has caught some Brazilian bankers off-guard in the early weeks of 2022. With …

By Katya Golubkova MOSCOW – Russian assets are under pressure as investors worry about the possible extension of U.S. sanctions or new EU measures targeting officials, banks and the energy …

The beer industry is experiencing a shortage in brown glass and aluminum cans and is expecting their alcoholic beverages to be impacted by price hikes in 2022 due to inflation …

Lithium — a mineral that is key for electric car batteries — continues to rise in price, jeopardizing the ongoing transition to renewable energy outlined by Western governments. The cost …

Earlier today, in federal court in Brooklyn, Abraxas J. Discala, also known as “AJ Discala,” the former Chief Executive Officer of OmniView Capital Advisors LLC (“OmniView”), was sentenced by United …