Trading Floors Buzz With Excitement as BOJ Axes Negative Rates
One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
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One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.
Japan’s real estate shares were the biggest winners on Tuesday after a widely expected move by the Bank of Japan to end its negative rates regime, with investors focusing on the dovish tone by the central bank and the inflation outlook.
The painful decoupling offers a glimpse of what awaits both sides if the war in Gaza permanently ruptures ties.
Donald Trump lost his bid to prevent testimony from a porn star and a Playboy model at the former president’s criminal trial in New York, where he’s accused of falsifying business records related to hush-money payments before the 2016 election.
Jul 2, 2021
The Canadian Press
CALGARY - Home sales in Calgary in July rose compared with a year ago to a new record for the month.
The Calgary Real Estate Board says sales totalled 2,915 in June, up 65.3 per cent compared with a year ago.
However, sales were down from 2,985 in May.
The sales came as new listings in June totalled 4,135, up 23.6 per cent compared with a year ago and the second highest level for the month. New listings in May were 4,564.
The average price in June was $494,111, down from $510,978 in May, but up from $460,099 in June last year.
CREB chief economist Ann-Marie Lurie said through the early spring market, many buyers did not have a lot of choice, but the recent improvements in supply are providing more options.