Clean sweep or divided Congress, these are the midterm-elections trades to make, says JPMorgan
Some stocks will face very different environments depending on how Americans vote in November.
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House price growth subdued in August: Nationwide – Mortgage Strategy
UK annual house price growth remained broadly stable in August at 1.6%, with house prices up 0.2% month on month, according to the latest house price index from Nationwide. Commenting on the figures, Nationwide’s chief economist Robert Gardner said market activity and house prices had remained subdued in recent months, in part reflecting the uncertain…
HDFC Bank raises 3-5 year FCNR(B) dollar deposit rate by 25 bps to 6.25% | Finance News
India’s largest private sector lender, HDFC Bank, has raised the interest rate on its three- to five-year Foreign Currency Non-Resident (Bank) [FCNR(B)] dollar deposits by 25 basis points (bps) to 6.25 per cent from 6 per cent, effective August 1, as banks intensify efforts to mobilise foreign currency deposits under the Reserve Bank of…
Senior citizens can earn up to 8.5% on 5-year FDs: Check banks offering the highest rates
Senior citizens can currently secure fixed deposit (FD) interest rates of up to 8.50%, with small finance banks offering some of the most attractive returns in the market. Private, public sector and foreign banks are also providing competitive FD rates for elderly depositors. For those investing substantial sums, even a marginal variation in FD rates…
OPI Sells Vacant Philly Office Building For $42M
A publicly traded REIT offloaded an office property near the Philadelphia International Airport, and the buyer appears to be the city. Photo credit: Google Maps The now-vacant office building at 8800 Tinicum Blvd., photographed in 2017 Office Properties Income Trust revealed in its second-quarter earnings report that it sold its only Philadelphia property, a vacant…
Specialist lender backs probate property deal with £458k
Avamore Capital has provided £458,000 in development finance for the acquisition and refurbishment of a probate property with unregistered land, arranged through broker Aureum Finance. The transaction involved multiple complexities, including the purchase of an unregistered probate asset, which required coordination between legal teams and the lender to meet regulatory requirements. The funding will support…
Bessent flags bigger debt buyback potential, coming fiscal plan
(Bloomberg) — Treasury Secretary Scott Bessent said that he’s prepared to expand efforts to buy back costlier debt and that the administration will be unveiling a new fiscal initiative to address the highest borrowing costs in years. Processing Content “We are announcing probably at the end of this week, beginning of next week, an increased…
