Irish central bank: EU to adopt broader approach to boost capital market
By Huw Jones LONDON (Reuters) – Private finance has a key role to play in deepening the European Union’s capital market to boost investment, with …
Market
EU trailing UK capital market reforms, Frankfurt bourse official says
By Pablo Mayo Cerqueiro LONDON (Reuters) – The EU is falling behind Britain in tapping into savers’ money to boost the stock market, despite reforms …
BlackRock Investment Institute cuts developed market stocks to ‘neutral’
(Reuters) – BlackRock Investment Institute on Monday cut its rating on developed market equities to “neutral”, after being “overweight” since the end of pandemic lockdowns …
China’s money market shows signs of liquidity tightness towards month-end
SHANGHAI (Reuters) – Cash conditions in China’s money market showed signs of tightness on Monday, as market participants grew cautious about month-end demand and a …
USMCA trade panel rejects US complaint about access to Canada dairy market
OTTAWA (Reuters) – A trade dispute settlement panel set up under a major North American free trade agreement has rejected a U.S. complaint that Canada …
There’s A Sign The Housing Market May Finally Be Thawing
There’s A Sign The Housing Market May Finally Be Thawing Will Kessler on November 22, 2023 Applications for mortgages ticked up to a six-week high …
In market share battle, FedEx and UPS target retail returns
By Lisa Baertlein LOS ANGELES (Reuters) – As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding …
Marketmind: AI buzzes but market shrugs at Nvidia beat
A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of artificial intelligence continues to grab most market …
Fitch cuts Swedish SBB rating over tight liquidity, weak market
By Louise Rasmussen COPENHAGEN (Reuters) – Fitch on Wednesday downgraded Swedish property company SBB’s long-term issuer default rating to CCC+ from B-, and its senior …
Global smartphone market sees growth after over 2 years in October – Counterpoint
(Reuters) – The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging …
HP forecasts downbeat first-quarter profit amid slow PC market recovery
By Samrhitha A (Reuters) -HP Inc on Tuesday forecast first-quarter profit below Wall Street estimates but maintained annual earnings outlook, a sign that demand in …
Argentina’s black market currency traders brace for uncertainty
By Alexander Villegas BUENOS AIRES (Reuters) – In downtown Buenos Aires a small group of black market money traders, known as “arbolitos” – or little …
Structural demand for US debt strong despite bond market volatility – Moody’s
(Reuters) – The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, …
Column-High yield bond market may hold less junk than before: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – The U.S. high yield bond market is the dog that has rarely barked, never mind bitten, during the …
Retail traders cash out as market rallies on bets of end to rate hikes
By Medha Singh (Reuters) – U.S. retail traders rushed to lock in gains from a share rally sparked by signs of cooling inflation, looking to …
Mexican lawmakers OK stock market reform bill
MEXICO CITY (Reuters) – Mexico’s lower house on Wednesday passed a bill aimed at revamping national stock exchanges, a long-awaited move meant to boost trading …
US bond rally points to more affordable housing market
By Amina Niasse NEW YORK (Reuters) – Growing confidence that U.S. bond yields have hit their peak and could head lower from here looks set …
China is eyeing $137 billion of new funding to boost housing market – Bloomberg News
(Reuters) – China plans to provide at least 1 trillion yuan ($137.22 billion) of low-cost financing to the nation’s urban village renovation and affordable housing …
Yellen: no impact on US Treasury market from ICBC hack
By Ann Saphir and David Lawder SAN FRANCISCO (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said the ransomware attack on the Industrial and …
US to re-open market to beef exports from Paraguay after 25-year hiatus
ASUNCION (Reuters) – The United States will next month reopen its doors to exports of Paraguayan beef after a quarter of a century, the U.S. …
China smartphone market perks up as sales of new Xiaomi model off to roaring start
By Yelin Mo and Brenda Goh BEIJING (Reuters) – Xiaomi’s sales of more than 1 million units of its latest flagship smartphone in the week …
Novo Nordisk to discontinue Levemir insulin in U.S. market
(Reuters) – Novo Nordisk said on Wednesday it would discontinue its long-acting insulin Levemir in the United States, citing manufacturing constraints, reduced patient access and …
Sberbank CEO expects ‘serious cooling’ in Russian mortgage market
By Elena Fabrichnaya MOSCOW (Reuters) – Russia’s biggest bank Sberbank expects a sharp cooling of the mortgage market following an expected 80% rise in mortgage …
Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report
HONG KONG (Reuters) – China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese …
Emerging market currencies to claw back ground in 2024 as dollar fades: Reuters poll
By Devayani Sathyan and Vuyani Ndaba BENGALURU/JOHANNESBURG (Reuters) – Emerging market currencies will take well into next year to start making noticeable gains against a …
Embraer hopeful E2 jets can break into U.S. market, CEO says
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian planemaker Embraer has been trying to sell U.S. carriers on the merits of its E195-E2 jet as …
GlobalFoundries projects profit above estimates in positive sign for chip market
(Reuters) – Contract chipmaker GlobalFoundries forecast fourth-quarter profit above analysts’ estimates on Tuesday, providing the latest sign that a supply glut in the semiconductor industry …
Prefabricated home shipments on the rise in a pricey property market
By Amina Niasse NEW YORK (Reuters) – Some Americans who have been priced out of the tight residential real estate market are turning to prefabricated …
China’s clashing priorities behind rare money market distress
SHANGHAI/SINGAPORE (Reuters) -China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, sources involved say, pointing to the pressure …
US money market funds draw biggest weekly inflow in seven months
(Reuters) – U.S. money market funds received a big influx of capital in the seven days to Nov. 1, driven by investor caution ahead of …
Global money market funds attract robust inflows on central bank policy caution
(Reuters) – Investors channelled substantial sums into global money market funds in the week leading to Nov. 1, seeking the safety of these assets ahead …
Joel’s Market Robbed at Gunpoint
PHILADELPHIA, PA – The Central Detective Division of Philadelphia is requesting assistance in identifying two suspects involved in an armed robbery at Joel’s Market. On …
PC market recovery gathers pace as Intel, AMD tout potential of ‘AI PC’
By Arsheeya Bajwa and Akash Sriram (Reuters) – The earnings of Intel and Advanced Micro Devices have offered more evidence a recovery is gathering pace …
Apple’s holiday-quarter forecast faces threat from Huawei, weak China market
By Yuvraj Malik (Reuters) – Apple investors will have one big question when the world’s most valuable company reports earnings on Thursday – will Huawei’s …
Skanska misses profit view as property market slump bites
By Niklas Pollard STOCKHOLM (Reuters) – Swedish builder Skanska reported third-quarter earnings far below market expectations on Wednesday as weak property markets took a toll …
Micro stocks shine in China’s flagging share market
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – China’s annus horribilis has seen its stock markets fall, funds run up losses and foreign …
Marketmind: Japan’s dramatic FX, bond market divergence
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. It promises to be another …
Analysis-Three years after DirectBooks, US bond market still phoning it in
By Shankar Ramakrishnan (Reuters) – Wall Street’s three-year effort to modernize the way billions of dollars of new corporate bonds are sold via phone, chat …
Australia’s tight rental market forces tenants to make tough choices
By Stella Qiu SYDNEY (Reuters) – Australia’s red-hot rental housing market, supercharged by record migration and a chronic supply shortage, could be reaching a breaking …
What Makes Pastosa’s Italian Market a Happy Go-To for New Yorkers in Jersey?
NEW YORK, NY – Pastosa’s Italian Market, a cherished name among New Yorkers for generations, has been weaving the same culinary magic in New Jersey, …
This New Jersey Home on the Market Comes Complete with its Own Cemetery
FLEMINGTON, NJ — A 19th-century church, now a single-family residence at 198 Locktown Flemington Rd, Flemington, NJ, has been listed for sale at $650,000. The …
Jackson Township Farm Slated for Multi-School Development On the Market for $5 Million
JACKSON, NJ — A 7.73-acre farm at 1020 Farmingdale Rd in Jackson Township has been sold for $5,000,000. The property, listed for 91 days, is …
US shifting COVID antivirals to commercial market on Nov. 1
By Ahmed Aboulenein WASHINGTON (Reuters) – Most people will retain access to Pfizer’s Paxlovid and Merck’s Lagevrio COVID-19 oral antiviral treatments for little or no …
Remote Work Opportunities Are a Game Changer for New Jersey Real Estate Market
FREEHOLD, NJ – The shift to remote working continues to leave a significant imprint on New Jersey’s real estate market. A surge in home purchases …
Analysis-China holds the key to Hong Kong’s shrinking stock market
By Summer Zhen and Xie Yu HONG KONG (Reuters) – Hong Kong’s efforts to revive its shrinking stock market are mere stopgap solutions, as analysts …
Fisker adjusts prices as EV market sees signs of demand slowdown
(Reuters) – Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with …
Housing Market Half As Affordable Than Just Three Years Ago
Housing Market Half As Affordable Than Just Three Years Ago Will Kessler on October 21, 2023 Americans’ purchasing power in the real estate market has …
$2.5M Waterfront Home in Prestigious Curtis Point Hits the Market
MANTOLOKING, NJ – A four-bedroom colonial home in the sought-after Curtis Point community is now available, providing a luxurious waterfront living experience. Situated on a …
China property market shows little signs of revival despite stimulus
By Clare Jim and Liangping Gao HONG KONG/BEIJING (Reuters) – China’s troubled property market is showing little signs of a recovery in the short term …
Argentina gov’t moves to calm FX market, pledges no post-election devaluation
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s government intervened in the foreign exchange market on Thursday to tamp down volatility ahead of the country’s …