In light of China’s reopening and easing of Covid rules, Hong Kong’s property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The retail market in particular will reap the “best benefit,” Hannah Jeong, Colliers’ head of valuation and advisory services, told CNBC’s “Squawk Box Asia” on
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The names of up to nine million FTX customers are set to remain confidential for at least three more months following the latest ruling in FTX bankruptcy proceedings. The decision was reportedly made by Judge John Dorsey in the Delaware-based bankruptcy court on Jan. 11 in response to a 168-page filing by FTX on Jan.
Federal Reserve Bank of Boston President Susan Collins said she’s leaning toward supporting a quarter-point interest rate hike at the central bank’s next meeting ending Feb. 1 as officials near a peak in borrowing costs. Downshifting to a smaller move from the more aggressive rate increases the Fed rolled out last year would give officials
A New, Hip, High tech Retirement Environment Debuts in Houston Today’s Baby Boomers are a larger, healthier, and more active demographic than their folks were, out-sizing them by 62%. The 75+ population in the U.S. is projected to grow 50% in the next ten years, doubling in the next 20. Do we want to live
HilltopSecurities Inc. has hired 12 municipal bond veterans from Prager & Co. LLC to join its public finance group in New York and California. Prager filed for dissolution as a firm with the Financial Industry Regulatory Authority on Dec. 20 and Dallas, Texas-based HilltopSecurities stepped in and hired the banking team, which will bolster its
More than three quarters of a million UK households are at risk of defaulting on their mortgage payments in the next two years, the country’s top financial regulator has warned. In a letter to the House of Commons Treasury select committee on Wednesday, the Financial Conduct Authority said about 200,000 households had fallen behind on
Bitcoin (BTC) is facing a “bottoming candle” in 2023, but BTC price action is still more than able to surprise the market. In a tweet on Jan. 11, popular trader and analyst Rekt Capital predicted that BTC/USD could see “decent upside” this year. Chart teases serious Bitcoin upside potential Analyzing Bitcoin’s four-year market cycles around
In this article LUV COIN WFC Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Getty Images Check out the companies making headlines in premarket trading. CarMax — Shares of the used car seller slid 4.8% after JPMorgan downgraded them to underweight, saying investors aren’t fully pricing in the risks surrounding the company and hope for
A sign advertising home loan rates for purchase or refinancing at a Bank of America in New York. Scott Mlyn | CNBC After rising at the end of the year, mortgage rates dropped sharply last week. That drove demand from current homeowners hoping to save on their monthly payments, but it did little to excite
Bitcoin (BTC) staged a brief but promising return to $17,500 overnight on Jan. 11 as newfound strength lingered. Bitcoin fails to win over skeptical traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $17,504 on Bitstamp. Almost tying with the peak from Dec. 16, the pair displayed rare upside
Municipals were slightly firmer in spots, while U.S. Treasuries were weaker and equities ended up. The three-year muni-UST ratio was at 58%, the five-year at 61%, the 10-year at 66% and the 30-year at 89%, according to Refinitiv MMD’s final 3 p.m. ET read. ICE Data Services had the three at 58%, the five at
A controversial new law requiring cities and states to standardize their disclosure raises a bevy of questions that market participants and regulators will need to answer to pave the way for implementation. That’s the message from Ernesto Lanza of Ballard Spahr, who wrote a white paper on the newly passed Financial Disclosures Transparency Act along
Brazil’s former president Jair Bolsonaro has said he is preparing to leave the US and return home within the next few weeks, after coming under fire in the wake of an attack on his country’s capital by thousands of his radical supporters. The far-right populist has been in Florida since the end of last year
Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme coin is up by nearly 5%. Apecoin also surged in today’s session, as it rose to its strongest point since November. Shiba Inu (SHIB) Shiba
Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada. Contents OverviewCrypto culture in TorontoWhere can I spend crypto in Toronto?Crypto projects and companies in TorontoToronto’s crypto controversiesToronto crypto education and communityNotable crypto figures from Toronto Overview The city lies at the center of the so-called
If Las Vegas is America’s playground, then nearby Henderson could be considered America’s home building playground. The Nevada community is frequently the site of the National Association of Home Builders annual New American Home–a demonstration residence for showing off the latest and greatest technologies, materials and features. Over the years the desert city has become
South Carolina Gov. Henry McMaster’s $36 billion budget proposal for fiscal year 2024 seeks to raise capital spending without adding debt and bolster reserves. McMaster told lawmakers in a letter last week he wants to take full advantage of the state’s unexpected $3.8 billion budget surplus ahead of a potential recession. “South Carolina’s booming economy
Investors across asset classes have been keeping a close watch on the United States Federal Reserve’s monetary policy because that sets the stage for a risk-on or a risk-off environment. The strong rally in the U.S. stock markets on Jan. 6 and in cryptocurrencies over the weekend suggests that market observers anticipate the Fed to
The Federal Reserve Bank of Kansas City’s search for a new president is coming down to the wire. Esther George, the bank’s current president and CEO, turns 65 on Sunday, a milestone that triggers her mandatory retirement, according to Federal Reserve System rules. With just a matter of days left before that marker is reached,
The crypto market is up today and Bitcoin (BTC), Ether (ETH), Solana (SOL) and other altcoins are rallying in anticipation of fresh United States economic data this week. Is crypto volatility about to return? Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting its highest since Dec. 16, 2022. Despite the strength of recent performance, the