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IHG upbeat about 2023 results after 10.5% rise in quarterly room revenue
(Reuters) - IHG said on Friday it expected to close out 2023 with "very strong" financials as the Holiday Inn-owner reported a rise in quarterly revenue per room on strong summer travel demand and a r...
Syndicated Content Oct 20, 2023
Column-Buying a burst bubble, bruised bond bulls wince: Mike Dolan
By Mike Dolan LONDON (Reuters) - Buying into one of the biggest bubble bursts in history is brave and maybe even smart - but, like all market shocks, fraught in timing the turn. Three years of plungin...
Syndicated Content Oct 20, 2023
China property market shows little signs of revival despite stimulus
By Clare Jim and Liangping Gao HONG KONG/BEIJING (Reuters) - China's troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures t...
Syndicated Content Oct 20, 2023
Vietnam rare earths arrests include key figure in bid to build industry
HANOI (Reuters) -Police in Vietnam have arrested six people accused of violating mining regulations, including the chairman of a company at the heart of efforts to develop Vietnam's rare earth industr...
Syndicated Content Oct 20, 2023
Rolling Stones kick off album launch in New York with guest Lady Gaga
By David Gaffen NEW YORK (Reuters) - It was a gas, gas, gas in a club on Manhattan's West Side late on Thursday, where the Rolling Stones held a private launch party for their first new album in 18 ye...
Syndicated Content Oct 20, 2023
Analysis-Relentless climb in Treasury yields may have further to run after surging to 5%
By David Randall and Davide Barbuscia NEW YORK (Reuters) - Some investors believe a bond market selloff that has pushed the benchmark U.S. Treasury yield to 5% may have more room to run, as the Federa...
Syndicated Content Oct 20, 2023
China Evergrande revises terms of proposed restructuring
(Reuters) - China Evergrande Group on Friday said it is revising the terms of a proposed restructuring to meet the demand of creditors. The scheme sanction hearings for Hong Kong CEG-class debt holder...
Syndicated Content Oct 19, 2023
Sydney Opera House celebrates 50th birthday with light show and free tours
By Alasdair Pal SYDNEY (Reuters) - Sydney Opera House celebrated its 50th birthday on Friday, with a laser show planned to illuminate the iconic building. Officially opened by Queen Elizabeth II on 20...
Syndicated Content Oct 19, 2023
Bank of Japan intervenes as 10-year JGB yield hits fresh decade peak
By Brigid Riley and Kevin Buckland TOKYO (Reuters) - The Bank of Japan intervened in the Japanese government bond (JGB) market on Friday for the fifth time this month after the 10-year yield pushed to...
Syndicated Content Oct 19, 2023
Marketmind: Bonds haunted by uncertainties old and new
A look at the day ahead in European and global markets from Tom Westbrook It's looking like the worst week of another bad year for bonds. The benchmark 10-year Treasury yield is up 31 basis points sin...
Syndicated Content Oct 19, 2023
Peoria, IL, USA
42 °F Partly cloudy
