Rapid shocks in store for insurers in new Bank of England tests
A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON,...
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Global share index slips as investors absorb ‘higher-for-longer’ rate outlook
Treasury yields move above 4.50%, dollar gainsOil prices settle close to flat, U.S. stocks end higherInvestors assess outlook ahead of...
More SE Asia firms consider U.S. IPOs, filling void left by China peers
At least four Southeast Asia firms considering U.S. IPOsU.S. IPOs by Chinese firms slumped - LSEG dataSINGAPORE/SYDNEY, Sept 19 (Reuters) - Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.Senior executives in leading SME digital financing platform Funding Societies, Singapore-based entertainment firm Gushcloud International and Thai insurance technology firm Sunday told Reuters they were looking into New York as one of their initial public offering (IPO) venues.This comes on top of recently...
Europe’s bumper Q2 puts global dividend payouts on track for record year
Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Aug 30 (Reuters) -...
Bounce in European property stocks: false start or turning point?
MILAN, Aug 24 (Reuters) - It's hard to be bullish about real estate in an environment of sharply higher interest...
US 30-year mortgage rate soars to highest since 2000
A "For Rent, For Sale" sign is seen outside of a home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File...
Evergrande seeks US court nod for $32 billion debt overhaul as China economic fears mount
Evergrande seeks protection from creditors as part of debt restructuringEvergrande to meet creditors later this month for restructuringFinancial markets hit...
Analysis: Commercial real estate investors, banks buckle up for perfect property storm
LONDON/SYDNEY, July 31 (Reuters) - Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar?Rising interest rates, stubborn inflation and squally economic conditions are familiar foes to seasoned commercial property buyers, who typically ride out storms waiting for rental demand to rally and the cost of borrowing to fall.Cyclical downturns rarely prompt fire sales, so long as lenders...
Higher interest rates depress UK commercial property, survey finds
LONDON, July 27 (Reuters) - Two thirds of property surveyors think Britain's commercial real estate market is in a downturn,...
Vietnam EV maker VinFast to start construction of US factory next week
HANOI, July 19 (Reuters) - Vietnamese automaker VinFast said on Wednesday it would start construction of a $4 billion electric...
