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…
Australia’s top banks eye payments firm Tyro as housing market cools
By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of new revenue streams as rising interest rates…
Analysis-Lula, Bolsonaro and market look to cure Brazil consumer debt hangover
By Tatiana Bautzer SAO PAULO (Reuters) – Both candidates in Brazil’s presidential runoff election this month have offered relief for unpaid debts weighing on family finances and hurting economic growth. But economists…
Market turmoil a boon for trend-following hedge funds
By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with funds such as Graham Capital Management, Aspect Capital, AlphaSimplex and AQR Capital Management all near…
Factbox-UK axes economic ‘growth plan’ to restore market confidence
LONDON (Reuters) – New British finance minister Jeremy Hunt on Monday announced almost a complete U-turn on Prime Minister Liz Truss’s plan to boost economic growth through unfunded tax cuts, which had…
UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans upset financial markets and triggered a repricing of the mortgage market, data from property website…
New Jersey Farmers Market, Orchards Receive National Recognition
by Jeff Wolfe New Jersey Secretary of Agriculture Douglas Fisher today recognized the West Windsor Community Farmers Market, and Terhune Orchards, each in Mercer County, and Demarest Farms in Bergen County for…
UK bond market chaos sends investors fleeing into into money-market funds-Fitch
LONDON (Reuters) -Investors piled cash into sterling money-market funds at more than three times their usual rate during the recent turbulence in British bond markets, and pension funds likely made up the…
High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns
High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns Jack McEvoy on October 13, 2022 High oil prices that will be pushed up further by…
‘Unacceptable Risk’: Biden Admin To Bar Chinese Telecom Giants From US Market
‘Unacceptable Risk’: Biden Admin To Bar Chinese Telecom Giants From US Market Bronson Winslow on October 13, 2022 The Federal Communications Commission (FCC) plans to ban telecommunication devices and video surveillance equipment…
Get out the Red Bull, 24/7 stock trading is coming, market execs say
By John McCrank (Reuters) – Around-the-clock trading, a feature of cryptocurrency markets, is likely coming to U.S. equities within five years, some retail brokerages and exchange operators, including Robinhood Markets and Cboe…
Exclusive-ECB staff sees lower rate peak than market, sources say
By Balazs Koranyi and Francesco Canepa WASHINGTON/FRANKFURT (Reuters) – European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to a new internal…
Apartment Demand Drops To 30-Year Low As Renters Lose Confidence In The Market
Apartment Demand Drops To 30-Year Low As Renters Lose Confidence In The Market Bronson Winslow on October 12, 2022 Apartment demand in the third quarter of 2022 dropped into the negative…
Analysis – Turbulent UK bond market may force BoE’s hand again
By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet with markets…
Saudi wealth fund braves market tumult in green bonds debut, others unlikely to rush
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s Public Investment Fund faced little scrutiny over its green credentials when it sold $3 billion in green bonds last week in its maiden debt…
U.S. corporate bond ETFs plunge in global debt market rout
By Davide Barbuscia NEW YORK (Reuters) – Some U.S. corporate bond indicators have hit or are approaching new lows this week as a rout in the UK bond market and U.S. inflation…
IMF warns of slowing growth, rising market risks as finance officials meet
By David Lawder and Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that colliding pressures from inflation, war-driven energy and food crises and sharply higher interest rates were…
China property, Russia drive emerging market Q3 corporate defaults – JPMorgan
LONDON (Reuters) – Defaults among emerging market companies continued to pile up in the third quarter due to troubles in Russia as well as China’s property sector, with the volume of bonds…
China CDS hit highest in more than five years – S&P Global Market Intelligence
LONDON (Reuters) – The cost of insuring exposure to China’s sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China’s five-year credit…
Stay sidelined or scoop up stocks? Investors weigh choice as market slides
By Lewis Krauskopf NEW YORK (Reuters) – As a painful decline in markets drags on, investors are grappling with a difficult choice: stick with stocks and hope for a turnaround or avoid…
Morgan Stanley sees 12% CAGR for private capital market over next five years
(Refiles to remove extraneous text in paragraph 2) (Reuters) – Private capital market is set to grow at a 12% annual rate on a compounded basis to $17 trillion in assets under…
Fed to deliver another big rate hike as job market fails to cool
By Ann Saphir (Reuters) – The Federal Reserve looks almost certain to deliver a fourth straight 75-basis point interest rate hike next month after a closely watched report Friday showed its aggressive…
India’s RBI intervening in NDF market, monitoring rupee positions – traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has been selling dollars in the non-deliverable forward (NDF) market via local banks based in India’s GIFT City International Financial Services…
European car market to contract 1% in 2022, ACEA forecasts
BERLIN (Reuters) – The European Union’s car market is on track to shrink this year, the European Automobile Manufacturers Association (ACEA) said on Friday, forecasting a 1% dip to 9.6 million units…
Morgan Stanley sees tighter oil market ahead, ups Q1 forecasts
(Reuters) – Morgan Stanley raised its oil price forecast for the first quarter of 2023, and predicted tight supply going forward due to a steep output cut agreed by OPEC+ producers coupled…
Airbus: aircraft services market to recover to pre-pandemic level by end-2023
PARIS (Reuters) – The aircraft services market will recover to its pre-pandemic level by the end of 2023 and double in value over the next 20 years, Airbus said on Thursday as…
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