Morning Bid: Yen clings to gains but bond pressure builds

Japan and US Take Joint Action to Halt Yen’s Historic Decline Coordinated Efforts to Stabilize the Yen Announcement of Joint Currency Market Intervention TOKYO, Aug 2 (Reuters) – Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year…

An Upper East Side townhouse and Noho condo once owned by actor Jonah Hill topped another sluggish week for Manhattan’s luxury market.  Buyers signed contracts for 15 homes in the borough asking $4 million or more between Aug. 17 and Aug. 23, according to Olshan Realty’s weekly report. The total was lower than the previous…

Oil Prices Edge Higher as Potential US-Iran Talks at UN Spur Investor Optimism Market Movements and Geopolitical Influences on Oil Prices Recent Oil Price Trends Sept 22 (Reuters) – Oil prices gained on Tuesday as the market steadied after several days of declines, with investors awaiting developments on potential US-Iran talks at the United Nations…

Helcim, a payments company focused on Canadian small and medium-sized businesses, has raised $38 million in new funding. The Calgary startup’s Series C round will help Helcim invest in its platform at a time when many of Canada’s biggest banks are selling or outsourcing their merchant services operations, the company said in a Friday (Aug. 21)…

Wealth firms have spent years strengthening their master brands and building more systematized growth engines. That investment is necessary. But when scale becomes synonymous with sameness, firms can lose one of their most powerful growth assets: the advisor’s local credibility, expertise and relationships. The best organic growth model does both. The enterprise brand creates trust,…