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…
Report shows Manhattan real estate sales fell by 18%
John Hugh DeMastri NEW YORK, NY – Apartment sales in Manhattan fell by 18% in the third quarter as increased prices and higher mortgages put downward pressure on one of the most…
Philippine central bank says ready to manage market disruption as peso slumps
MANILA (Reuters) – The Philippine central bank said on Tuesday it was taking steps to manage any disruption in the financial market, and urged participants not to take advantage of a peso…
Exclusive-UK gilt market resilient despite ‘major repricing’ – debt office head
By David Milliken LONDON (Reuters) – Britain’s bond market is undergoing “a major repricing”, but should comfortably absorb the extra 62 billion pounds ($69 billion) of debt announced after finance minister Kwasi…
Analysis-Credit Suisse’s turnaround just got a lot tougher as market reels
By Oliver Hirt and Carolina Mandl ZURICH/NEW YORK (Reuters) – Swiss lender Credit Suisse Group AG, battered by scandals and losses, is racing through a restructuring plan. Wild market swings and a…
A market sweet spot?
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Whisper it, but markets may be in something of a sweet spot right now, opening up the potential…
Japan warns market fluctuations could impact economy
By Daniel Leussink TOKYO (Reuters) – Japan’s government on Friday warned that attention should be paid to any possible impact of financial market fluctuations on the economic outlook, while affirming its view…
Temasek to step up investments once market valuations drop further, executive says
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s Temasek Holdings said that market valuations had not yet priced in a global economic recession and that said the state investor was waiting for further…
ANTONI: America’s Housing Market Is In Trouble. Here’s What To Expect Next
ANTONI: America’s Housing Market Is In Trouble. Here’s What To Expect Next E.J. Antoni on September 29, 2022 Which direction is the housing market going? To discern that requires understanding exactly…
Rush Bowls Further Expands Brand Presence in Home Market
Pioneer in Blended Fruit Bowls Announces a Multitude of New Colorado Area Locations Denver, CO (PRESS RELEASE) Rush Bowls – the fast-casual concept known for its fresh and healthy meals-in-a-bowl – announced…
Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to take down finance ministry groupthink that he and new Prime Minister Liz…
Fed’s Evans: Market volatility can create restrictiveness
By Dhara Ranasinghe and Jorgelina do Rosario LONDON (Reuters) – Federal Reserve Bank of Chicago President Charles Evans said on Wednesday that volatility in markets can create additional restrictiveness in financial conditions. …
PIMCO CIO says UK market chaos not systemic but will have global impact
(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The collapse of the British pound and subsequent sell off in the country’s bond market in recent days do…
UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic growth threaten to trigger a selloff in Britain’s housing market…
Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed of the sell-off in British assets has jolted world markets, raising concern about contagion as chaos…
Pound drops more than 1% as Bank of England steps into bond market
By Harry Robertson LONDON (Reuters) -Sterling fell more than 1% against the dollar and euro on Wednesday after the Bank of England said it would step in to calm the UK’s frenzied…
UK lenders pull mortgages at record rate as market chaos worsens
LONDON (Reuters) – A record 935 mortgage products were pulled in Britain overnight, financial services provider Moneyfacts said on Wednesday, as deepening turmoil in financial markets pushed more lenders to temporarily withdraw…
Green gold: Mexican avocados, beloved in U.S., fuel multi-billion dollar market
By Cassandra Garrison MEXICO CITY (Reuters) – Hass avocado imports from Mexico, the main ingredient of guacamole – a favorite Super Bowl snack – are now worth $4 billion, up from about…
China says stabilising FX market is top priority, warns against ‘gambling’
SHANGHAI (Reuters) – China’s central bank said on Wednesday that stabilising the foreign exchange market is the top priority, after the yuan weakened to its lowest level since the global financial crisis…
Door slams on Fed ‘put’ as market pain takes back seat to inflation fight
By Howard Schneider WASHINGTON (Reuters) – In the month since Federal Reserve Chair Jerome Powell laid down a hard line on inflation, stocks have suffered double-digit losses, chasms have opened in global…
Options activity hints U.S. stock market has not reached bottom- Barclays
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options trading activity does not yet hint at a bottom in U.S. stocks, Barclays derivatives strategists said on Tuesday, rebutting speculation among some investors…
Tattered UK gilt market stages tentative comeback
By Andy Bruce LONDON (Reuters) – British government bond prices recovered partially on Tuesday from the historic plunges of previous days when investors unloaded sterling assets at a ferocious pace in response…
Stellantis and Uber join forces on electric vehicles market in France
PARIS (Reuters) – Carmaker Stellantis and Uber announced a partnership along with the company Free2Move to focus on the French electric vehicles market. The companies said in a joint presentation on Tuesday…
Battling market forces, BOJ conducts special operation to curb rising yields
By Kevin Buckland TOKYO (Reuters) – The Bank of Japan said it would purchase Japanese government bonds in a special operation on Tuesday, with the benchmark 10-year yield brushing against the 0.25%…
Gas crisis lands LNG cargo market in hands of energy giants
By Marwa Rashad and Chen Aizhu LONDON/SINGAPORE (Reuters) – Rocketing LNG cargo prices have squeezed out dozens of smaller traders, concentrating the business in the hands of a handful of international energy…
Three Men Charged with International Market Manipulation Scheme
NEWARK, N.J. – An indictment unsealed today charges three men with orchestrating a large-scale market manipulation scheme related to two publicly traded companies, U.S. Attorney Philip R. Sellinger announced. James Patten, 63,…
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