The number of new build housing developments listed for sale has fallen to its lowest level since 2017, according to data from property portal Rightmove. The figures, which exclude retirement schemes, raise questions about the Government’s target to deliver 1.5 million homes during the current Parliament. Rightmove declined to provide specific numerical data, stating it…
SK Hynix shares dropped as much as 8.2% in early Seoul trade on Monday as investors booked profit, after a high-profile U.S. listing saw the world’s leading AI memory chipmaker surge 12.8% in its Nasdaq debut on Friday. The South Korean firm raised over $26 billion selling American Depositary Receipts priced $149 each. The ADRs…
More than eight months have passed since the 8th Pay Commission was constituted, leaving it with less than 10 months of its 18-month timeline to examine pay, allowances, pensions and other service-related issues before submitting its recommendations. The Commission recently held stakeholder consultations in Bhubaneswar on July 6-7, followed by Kolkata on July 9-10, 2026,…
South Korea’s Kospi stock index plunged more than five percent Monday morning as tech firms suffered another bout of heavy selling fuelled by concerns over the AI investment boom. The Kospi sank 5.6 percent to 7,058.82 in early exchanges, while chip titan SK hynix dived 10.1 percent, even after its US shares soared more almost…
Our philosophy at the Guinness Emerging Markets Equity Income fund is based on identifying quality firms, defined as those that have consistently generated returns on capital above their cost of capital. Such companies tend to pay sustainable dividends because of the cash profits they generate. This sets our approach apart in emerging market stocks, which…
The top mortgage brokers in Canada are continuing to eke out success, even in a challenging market. But how can other mortgage professionals follow their lead – and what are some of the main trends they should be keeping an eye on? We caught up with Danny Ibrahim, one of this year’s Top 75 brokers,…
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.
Kolkata/Mumbai: The Calcutta Stock Exchange (CSE) is seeking to revive itself with a new technology backbone, trading infrastructure and disaster recovery site. This process, backed by the new state government, will require the 118-year-old institution to withdraw the voluntary exit application filed with the Securities & Exchange Board of India (Sebi) last year, said people…
Over the last decade, the rising cost of new and used cars have driven up the amount of the average car loan. To make up for this, auto lenders have started offering longer car loans that let consumers borrow more with a lower monthly payment. The State of the Automotive Finance Market from Experian states…
Siemens Financial and First Horizon have supplied $64.8 million of construction financing to develop a hospital and medical outpatient complex in Florida’s Palm Beach County, Commercial Observer has learned. Sina Companies secured the loan for the planned Health Park at Avenir project in Palm Beach Gardens, Fla., that is fully leased to Jupiter Medical Center….