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Rental yields for Hong Kong residential properties have hit the highest level in more than a dozen years and are set to remain at an elevated level for two or three years, driven by robust demand from newly arrived residents and reduced mortgage costs, according to analysts. The average rental yield in the city inched […]
Asia shares stumble; long-end US bond yields rise with dollar Reuters Stock market today: Tech lags as inflation print keeps Fed rate cut on track Yahoo Finance CPI inflation sparks Fed interest rate cut bets TheStreet Stock futures are little changed as postelection rally shows signs of wavering: Live updates CNBC Stock market today: Wall Street drifts to a […]
SINGORE – Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world’s largest economy. Bitcoin steadied above $90,000 after having surpassed that level in the previous session, turbocharged by Donald Trump’s return to the […]
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Asian markets were mixed Thursday following steep losses on Wall Street as a spike in US Treasury yields led investors to scale back their expectations on interest rate cuts. With the US presidential election still seen as a coin toss less than two weeks out, there was plenty of uncertainty on trading floors, though observers […]
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is poised to open nearly flat on Friday amid a rally in the dollar index and U.S. rates and expectations that the country’s central bank will aid the local currency. The 1-month non-deliverable forward indicated that the rupee will open barely changed to the U.S. dollar […]
Wall Street: Short selling and short squeezes explained In most cases, profits are made in the stock market as the price of a share rises. But short sellers can make money as value drops and lose money as it rises. U.S. equity markets were little changed Thursday morning as traders weighed continued improvement of the U.S. economy and a […]