socoslc

Delivering the Best News to you!

Morning Bid: Vigils

A look at the day ahead in European and global markets from Tom Westbrook London markets close on Monday for the funeral of Queen Elizabeth II. The tone everywhere else

Read More

Analysis: ‘Temporary’ disappears as BOJ contemplates accelerating inflation

Something has gone missing from Bank of Japan statements about elevated inflation: the word “temporary”. No longer signalling that robust price rises will be short-lived, the central bank might soon

Read More

Australian home buyers could benefit from higher rates, central banker says

Australians looking to buy a new home could actually benefit from rising interest rates as they lower the price of housing enough to ultimately result in lower mortgage payments than

Read More

Volkswagen targets 70-75 billion euro valuation in planned Porsche IPO

Volkswagen (VOWG_p.DE)is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial public

Read More

Morning Bid: Rates, rates, rates

A look at the day ahead in Asian markets from Jamie McGeever Interest rate decisions from the Fed, People’s Bank of China, and Bank of Japan – the week ahead

Read More

U.S. bank regulators consider new rules for regional banks in times of crisis

A group of bank regulators appointed by U.S President Biden is considering new rules which will require big regional banks to add financial cushions that can be used in times

Read More

Canadian pension fund OTPP to buy 30% stake in India’s Mahindra renewables assets

Canadian pension fund Ontario Teachers’ Pension Plan has agreed to buy a 30% stake for 23.71 billion rupees ($297.5 million) in Indian automaker Mahindra’s (MAHN.NS) renewable power assets, an exchange

Read More