Commercial mortgages are a segment of the debt market that is under severe pressure from rising rates and tightening financial conditions.Afton Almaraz / Getty A storm of public and private debt problems is heading into the market. Warning signs showed up in increasing credit card balances, late payments, and other indicators. Here are the signs…
Powered by insane AI, it’s been a year old technology stockSummer, however, proved to be the shakiest season yet. Since mid-July, the trend has declined, with the Nasdaq Technologies Index down nearly 5%. This naturally raises the question: Should we be sounding alarm bells over this shift? Not at all, says Wedbush’s Daniel Ives, a…
(Bloomberg) — Foreign investors are losing interest in China, and hedge funds targeting the world’s second-largest economy are paying the price. Most Read from Bloomberg The data showed that the number of active hedge funds focused on China fell for the first time since at least 2012, with only five new funds launched this year….
By Ankur Banerjee SINGAPORE (Reuters) – The yen fell to a one-year low on Monday against the dollar, breaching the key 145 level before regaining some ground as traders cautiously looked for evidence of possible intervention, while the dollar rose to more than a month high. summit. The Japanese yen fell to as low as…
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(Bloomberg) — A crisis is brewing at Country Garden Holdings, formerly the largest Chinese developer, after units halted trading on domestic bonds and stocks plunged in the wake of a Morgan Stanley downgrade. Most Read from Bloomberg The developer, whose problems threaten worse repercussions than struggling peer China Evergrande Group given it has four times…
BEIJING (AP) – Asian stock markets fell on Monday after robust inflation in the United States revived fears that the Federal Reserve could raise interest rates again. Hong Kong’s main market index fell 2.4%. Shanghai, Tokyo and Sydney also fell behind. Oil prices sank. Wall Street’s benchmark S&P 500 fell 0.1% on Friday after government…
(Bloomberg) — Hedge funds have turned more bullish on the Australian dollar than at any time this year, before concerns about a slowing Chinese economy pushed the currency to a nine-month low. Most Read from Bloomberg The Australian dollar fell 0.6% to 64.57 US cents, the weakest since November as a property slump in China…
When Foxconn chief Young Liu was in Tamil Nadu two weeks ago to discuss further investment by an iPhone maker in the southern Indian state, two ministers from neighboring Karnataka sought him for their private meeting — and later produced documents alleging that Foxconn also planned to build Two factories in their state. While Foxconn…
Bitcoin fell slightly on Monday morning in Asia, after hovering around the $29,380 level all weekend. Ether and most of the other 10 volatile cryptocurrencies in terms of market capitalization have not changed much. The exceptions were Dogecoin, which experienced a significant decline, and Shiba Inu. The dog-themed memecoin rose ahead of the upcoming layer-2…