Lavish $2M Mediterranean estate hits the market in Toms River comes complete with urban legend tied to Derek Jeter
Toms River, NJ – A sprawling Mediterranean-inspired mansion, long rumored to have ties to New York Yankees legend Derek Jeter, is on the market in Toms River with a $1.99 million price…
US West Coast ports gained market share in August after labor deal -report
By Lisa Baertlein LOS ANGELES (Reuters) – U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their…
More Chinese seek bargains at Beijing market as confidence in economy wanes
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Amy Zhang used to buy branded fashion from shopping malls, but China’s economic uncertainty has driven the 35-year-old teacher, and other middle-class…
Global money market funds attract biggest weekly inflows in three months
(Reuters) – Global money market funds attracted robust inflows in the week ended Sept. 6, as investors gravitated towards safer options amid concerns over slowing growth in China and Europe as well…
There’s A Huge Warning Sign That The Housing Market Could Be Headed For Trouble
There’s A Huge Warning Sign That The Housing Market Could Be Headed For Trouble Will Kessler on September 7, 2023 Mortgage applications have reached their lowest level since 1996, showing a fall…
$34k Lottery Ticket Sold at Buffalo Tops Market
BUFFALO – A single ticket hit the top prize in the TAKE 5 evening lottery drawing on September 6, worth $34,915.50. The winning ticket was sold at Tops Market, located at 355…
US House panel chair: wider Chinese iPhone ban aims to quash Apple’s market access
(Reuters) – A wider ban on China state employees from using Apple’s iPhones is not surprising and seeks to limit a Western company’s market access, the chairman of the U.S. House panel…
Ukraine mourns 16 killed in Russian attack that hit market in east
By Vitalii Hnidyi KOSTIANTYNIVKA, Ukraine (Reuters) – Stunned residents left flowers at a makeshift memorial in the eastern Ukrainian city of Kostiantynivka on Thursday as they mourned the 16 people killed in…
S.Korea urges foreign firms to guard against illegal short-selling in share market
SEOUL (Reuters) – South Korea’s financial market watchdog on Thursday urged foreign firms trading on the country’s stock market to strengthen internal controls to prevent illegal naked short-selling. The Financial Supervisory service…
European private loan market falters as corporate credit stress mounts
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of…
Marketmind: Oil, yield spike takes wind out of market sails
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia is set for a cautious open on Wednesday after a jump…
Morgan Stanley turns “bearish” on emerging market FX again
LONDON (Reuters) – Morgan Stanley’s analysts returned to a ‘bearish’ stance on emerging market FX on Tuesday, predicting China’s economic strains would continue to push down its currency and flagged the growing…
Instant settlement of Indian stock market trades to come in by Oct 2024 – regulatory source
By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator expects instant settlement of stock market trades to be implemented by October 2024, a source from the regulator told Reuters on Tuesday.…
Fintech Nubank to launch personal loans for Mexican market
By Valentine Hilaire MEXICO CITY (Reuters) – Nubank, one of Latin America’s biggest fintech companies, announced on Tuesday the launch of personal loans for the Mexican market, aiming to boost its financial…
Brazil Congress proposes market regulations after Americanas scandal
BRASILIA (Reuters) – Federal lawmakers in Brazil suggested several measures to boost accountability in the financial market, a report showed on Monday, after retailer Americanas this year revealed a multi-billion-dollar fraud. In…
Private market insured losses from Hurricane Idalia to be $3-5 billion – Moody’s RMS
(Reuters) – Private market insured losses are expected to be between $3 billion and $5 billion due to Hurricane Idalia which struck the Big Bend region of Florida last week, the catastrophe…
China will widen market access for the service industry – President Xi
BEIJING/SHANGHAI (Reuters) -Chinese President Xi Jinping said on Saturday that China would widen market access in the service industry and promote cross-border services trade. Speaking via video at the China International Fair…
Italy’s bad loan proposal risks damaging crucial market, senior banker says
MILAN (Reuters) – A law proposed by the Italian prime minister’s party to help those in arrears risks damaging the country’s non-performing loan (NPL) market, which played a crucial role in helping…
Fed’s Mester says job market remains strong despite some signs of cooling
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday that the U.S. labor market remains strong despite signs of it coming into…
Mercedes CEO: Efficiency is the ‘new currency’ in the EV market
By Joseph White and Ilona Wissenbach DETROIT (Reuters) – Mercedes-Benz CEO Ola Kaellenius told Reuters the automaker’s newest electric vehicle architecture, launching with the CLA compact electric sedan late next year, will…
Nvidia’s market cap climbs amid tech turbulence in August
(Reuters) – Nvidia Corp’s market capitalization climbed higher in August thanks to its strong profit forecasts, which defied the broader downtrend in mega-cap technology stocks during the past month as an uptick…
Global money market funds see significant inflows amid investor caution
(Reuters) – Global money market funds drew significant inflows in the week ended Aug. 30, as investors sought safety amid increasing perception that major central banks would maintain elevated interest rates for…
Column-ECB starts shadow boxing with bond market :Mike Dolan
By Mike Dolan LONDON (Reuters) – European Central Bank (ECB) officials seem irked that they are not being taken seriously by markets – risking a show of force in Frankfurt that may…
China developer Vanke sees pressure on profit amid market downturn
HONG KONG (Reuters) – Chinese state-backed property developer China Vanke said its profit would be under pressure in the short term amid a market correction, but that would not hurt its cashflow.…
Russian jobless rate hits new record low in strained labour market
(Reuters) – Russian unemployment hit a new record low in June and real wages rose by 10.5% year on year in further evidence of a tight labour market, data released on Wednesday…
The Asian Gambling Market: Macau’s Triumph Over Las Vegas
In the world of gambling and entertainment, the rivalry between Las Vegas and Macau has taken center stage. Historically, Las Vegas has been synonymous with opulent casinos, extravagant shows, and high-stakes betting,…
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