May 29, 2024 | Markets
Strategy is buying Treasury bills to take advantage of yields US government borrowing also likely to pressure bonds: Miller A top-performing quant fund is shorting five- to 10-year US Treasuries on expectations that interest rates will stay on hold this year as prices...
May 29, 2024 | Markets
May 29 – Best Buy (BBY.N) is set to post its tenth consecutive quarter of sales decline on Thursday when the U.S. electronics retailer reports quarterly results, as spending on big-ticket electronics remains pressured despite easing inflation. Although results...
May 28, 2024 | Markets
Seven of 12 economists see up to 0.3 ppt growth lift this year Analysts expect cut to reserve requirement ratio by end-June China’s most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according...
May 28, 2024 | Markets
Hong KongCNN — China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases. Even though China’s economy expanded faster than...
May 28, 2024 | Markets
Insmed Inc. shares more than doubled after the company’s experimental drug reduced episodes of worsening symptoms in a final-stage study of patients with a rare lung condition. Patients with bronchiectasis who received Insmed’s brensocatib had fewer exacerbations than...
May 27, 2024 | Markets
CK Asset’s office buildings in Central see high vacancies Increasing supply, weak demand put pressure on market No one’s property in Hong Kong epitomizes the pain in the office market better than real estate legend Li Ka-shing’s. CK Asset Holdings Ltd.’s crown jewel...
