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LONDON: The Brexit-inspired decline in London’s property values has yet to cause any serious ripples in other areas of the UK
LONDON: Surging supply of corporate debt in the riskiest investment-grade category leave markets vulnerable to a rout if economic weakness triggers bouts of rating downgrades, according to the Bank for International Settlements.
SHANGHAI: China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, before a stock boom that turned into a US$5 trillion bust.
NEW YORK: Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said
BEING in the capital intensive industry of operating floating production, storage and offloading (FPSO) vessels, Yinson has always strived to be disciplined in its financial management, says its group chief strategy officer Daniel Bong.
NEW YORK: If you saw a penny on the sidewalk, would you pick it up?
SANTA MONICA, Calif: Two leading U.S. economists expressed deep pessimism on Friday that politicians in Washington will be able to strike a deal to rein in America's soaring national debt.
India's stock market crashed Monday in one of the biggest falls in years, prompting regulators to suspend trading as investors remained wary about the economic policies of the incoming communist-supported government in New Delhi.