Saudi Arabia intercepts Houthi missile as Trump threatens new strikes

Oil prices rose and U.S. stock-index futures slipped on Sunday, after the U.S. and Iran continued their tit-for-tat attacks around the Strait of Hormuz over the weekend.

Traders extended their short bets against US government bonds, signaling the selloff that has taken long-term yields to near a 24-year high has room to continue.  Processing Content Some raced to cover bearish positions soon after weak employment figures were released on Friday, contributing to a short-lived bond rally.  But since then, open interest, or…

The net profit of the largest private-sector general insurer, ICICI Lombard General Insurance, rose 15.5 per cent year-on-year (Y-o-Y) to Rs 946.4 crore in the July-September quarter of FY27 (Q2FY27), supported by healthy growth in premium and investment income. In Q2FY26, the net profit stood at Rs 819.54 crore.   The gross written income of…

The Securities and Exchange Commission proposed a rule to make e-delivery the default option for registrants (including broker/dealers and advisors) when dealing with the agency (and with investors). The rule has been long-awaited (and often-discussed), and Chair Paul Atkins said in a statement that the change would “substantially reduce paper, printing and postage costs for…

Those views come as new US tariff threats cloud Canada’s housing outlook, with US President Donald Trump having announced 50% tariffs on a range of Canadian goods set to take effect August 19. Wages and where the jobs were gained Average hourly wages rose 2.8% year-over-year in July, according to Statistics Canada, decelerating from 3.3%…

Harbor Group International landed an extension for a large commercial mortgage-backed securities loan at the famed Black Rock building in Midtown West, though there are mixed signals on the level of distress facing the loan and property. HGI scored an extension on the $420 million CMBS debt a month ahead of its October maturity, the…