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The UK housing market showed early signs of stabilising in June, despite activity remaining subdued, according to the latest residential market survey from the Royal Institution of Chartered Surveyors (RICS). The report said the pace of decline is easing. However, buyer demand and sales remain weak. Respondents also highlighted domestic political uncertainty as a growing…
“The economy is beginning to emerge from its recent soft patch,” the report said, pointing to April GDP growth of 0.5%, matching the earlier flash estimate, and labour market data that suggest the anticipated recovery may be arriving somewhat sooner than expected. Scotiabank projects growth accelerating to 2.2% in 2027 as the cumulative effects of past rate…
(Bloomberg) — The U.S. 30-year bond yield is trading above 5% for the longest stretch since the dawn of the financial crisis, echoing investor concerns about a growing debt pile and sticky inflation. So far this year, the 30-year has traded beyond 5% for 27 days — or about 19% of all sessions, the most…
Regulators have long recognized a simple truth: diversification matters. That is why funds and ETFs operate under rules designed to prevent excessive issuer concentration. Under the Investment Company Act of 1940, a “diversified” fund generally must keep 75% of its assets in cash, government securities, other investment companies, and securities where no single issuer represents…
Dry vegetation affected by a drought in U.S. Virgin Islands. All of the U.S. territory is currently in an extreme drought that is projected to continue for at least a few months. Rafe Boulon A developing drought in Puerto Rico and the U.S. Virgin Islands may impact their economies, with implications for bonds, analysts say….
Abu Dhabi Islamic Bank (ADIB) has built a comprehensive environmental, social and governance (ESG) framework in Middle Eastern Islamic banking: a Shariah-compliant sustainable finance programme that is publicly committed, formally governed and increasingly embedded across its business lines. The headline commitment is AED60 billion in sustainable finance by 2030. By the end of 2025, ADIB…