Month: September 2024

Global property markets, rattled by the steepest rise in interest rates in a generation, will get little relief from the gradual easing of borrowing costs, with scant hope of a return to the free money that fuelled a boom. The multi-trillion dollar industry, which thrived in the decade after the global financial crisis when the…

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Key factor: Investors have recently given greater importance to U.S. job market data. | Photo Credit: Reuters The dollar stayed on the back foot on Thursday as renewed concerns over the U.S. economy’s growth outlook bolstered expectations of a supersized rate cut from the Federal Reserve this month. The yen was a notable outperformer, in…

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Safe haven: Deposits ensure safe returns while customers risk losing money if markets correct. G | Photo Credit: Getty Image/iStock Bankers have called for the development of innovative products to reclaim deposit customers who have moved to the equity market. They cautioned that while deposits ensure safe and periodic returns, customers risk losing money if…

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BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to boost sales in a market that has become a stumbling block in the Chinese automaker’s global expansion. Warren Buffett-backed BYD has become China’s largest EV maker after years of breakneck growth at home. Now it is expanding…

Read More “BYD’s global expansion push runs into stiff challenge in Japan” »