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…
Emerging market investors turn increasingly bullish for Q2 -HSBC survey
LONDON (Reuters) – Nearly half of emerging market investors are bullish on prospects for developing markets in the second quarter, a survey by HSBC showed on Thursday, thanks to rising optimism following…
South Korea vows swift market stabilisation measures if needed
SEOUL (Reuters) – South Korea’s finance minister said on Thursday the economic and financial policy authorities would keep closely monitoring the markets situation and take stabilisation measures if needed. Minister Choo Kyung-ho…
Brazil’s Lula gives nod to market veteran and public servant for central bank roles -sources
By Marcela Ayres, Bernardo Caram and Luana Maria Benedito BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has agreed to nominate a financial market veteran and a public servant for…
Japan cuts view on industrial output, vigilant on market volatility
TOKYO (Reuters) – Japan’s government cut its assessment of the strength of industrial production for the first time in three months in March, pointing to weakening demand in the global semiconductor industry.…
Streaming boosts recorded music revenue, China market growing
LONDON (Reuters) – Global recorded music revenues rose 9% last year to $26.2 billion, with growth registered in every region and an increase in paid subscription streaming helping drive sales, a report…
Marketmind: And breathe – edgy market calm returns
A look at the day ahead in U.S. and global markets from Mike Dolan No news appears to be good news for now as two weeks of bank failures and stress make…
Market stress indicators flash warnings as banking worries continue
(Reuters) – Fears of a global banking crisis are continuing to swirl, with investors keeping a close eye on a dashboard of indicators that show how stress is rippling through markets and…
Italy’s market for ‘green’ tax credits starts to thaw
By Valentina Za MILAN (Reuters) – Bargain-hunters are venturing back into Italy’s market for “green” tax credits, lured by heavily discounted assets and better legal protection against the consequences of possible fraud.…
Analysis-As worries over banks swirl, investors seek protection against market crash
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are increasingly seeking insurance against a sudden crash in stocks, fearing that more tumult is in store for markets after worries over the…
Global money market funds draw massive inflows in week to March 15
(Reuters) – Global money market and government bond funds obtained massive weekly inflows as investors rushed to safer assets on fears of contagion from the collapse of three U.S. banks last week.…
ECB pushes through 50 bps rate hike despite market turmoil
FRANKFURT (Reuters) – The European Central Bank pushed through another big increase in interest rates on Thursday, sticking to its inflation fight despite turmoil in financial markets that has raised fears about…
China renews pledge for wider market access for foreign investors
BEIJING (Reuters) – China’s commerce ministry said on Wednesday it will continue to push for the relaxation of market access for foreign investors, renewing efforts to lure foreign capital as the world’s…
Holcim acquires HM Factory to enter precast market in Poland
ZURICH (Reuters) – Holcim on Thursday said it has acquired HM Factory, a provider of precast concrete products for an undisclosed sum. HM Factory, which makes products used in walls, staircases and…
JPMorgan cranks up equities “underweight” after market rout
LONDON (Reuters) – JPMorgan’s strategists ratcheted up the investment bank’s “underweight” recommendation on equities on Wednesday and urged switching into cash following the market rout caused by Silicon Valley Bank’s collapse. In…
Suspect used stolen credit card at Brooklyn meat market
NEW YORK, NY – Police are searching for a suspect who used stolen credit cards at a Halal meat market near Prospect Park last Wednesday. According to police, the credit card used…
Market roiled by bank fears faces critical U.S. inflation data
By Lewis Krauskopf NEW YORK (Reuters) – A market rocked by a banking crisis faces a potential one-two punch as investors await a U.S. inflation report that could further complicate views on…
Exclusive-Malaysia’s Edotco, backers plan stake sales in hot telco towers market -sources
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Asia-focussed telecoms tower firm Edotco Group, its Malaysian parent Axiata and a Japanese backer are in talks with investors for stake sales, in a…
Slave Labor Clouded Plunging US Solar Market In 2022
Slave Labor Clouded Plunging US Solar Market In 2022 John Hugh DeMastri on March 9, 2023 U.S. solar panel installations plummeted in 2022 as lingering supply chain issues hindered the industry, although…
European bank shares tumble day after U.S. market turmoil
LONDON (Reuters) – European banking stocks headed for their largest one-day fall in nine months on Friday, a day after a sharp sell-off in U.S. banks. Europe’s STOXX banking index fell 4.2%,…
Exclusive-Shenzhen bourse taps intelligence tech firm as China battles capital market fraud
SHANGHAI (Reuters) – The Shenzhen Stock Exchange has sought help from an intelligence technology firm to detect fraud and vet listings, said people with knowledge of the matter, as China adopts high-tech…
Britain to launch review into attracting more stock market listings
By Huw Jones LONDON (Reuters) – Britain’s finance ministry said on Wednesday it will launch a review into how investor research on companies could be improved to attract more listings, a step…
Analysis-Emerging market central bank pivot plans face a Fedache
By Marc Jones LONDON (Reuters) – Having beaten the Fed & Co off the blocks when it came to raising interest rates, parts of the developing world will be the front runners…
British labour market, and pay growth, slow in February – REC
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed further signs of cooling as permanent job placements fell for the fifth month in a row in February and pay growth slowed,…
0DTE options could turn 5% intraday market decline into 25% rout -JPMorgan
(Reuters) – Trading in new near-dated U.S. options contracts can supercharge volatility in U.S. stocks, potentially leading to tremendous intraday declines, analysts at JPMorgan said. The U.S. equity options market has seen…
Czech company sees boom in market for fake tanks, HIMARS
By Jan Lopatka DECIN, Czech Republic (Reuters) – Losing a tank or valued U.S.-made high mobility artillery rocket systems (HIMARS) can hurt an army less if the weapon is a cheap inflatable…
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