Consumer Staples Giants 'Should Be Valued Like Risky Bonds'

Consumer Staples Giants 'Should Be Valued Like Risky Bonds'

Consumer staples companies such as Reckitt Benckiser Group Plc and Procter & Gamble Co. should be paying higher dividends to compensate investors for increasing levels of risk, according to the head of a fund that's beaten 99 percent of peers in 2018. Reckitt's dividend yield of 2.8 percent and
See Original Article

PSU banks must see reforms at institutional level; insolvency resolution must be quicker: HSBC …

In an interview with Moneycontrol, Rajat Verma, Managing Director and Head corporate banking, commercial banking India, HSBC, said the share of PSBs in large corporate lending will come down over next 5 years and HSBC will enhance its focus on growing the small and medium enterprise (SME)
See Original Article

Turkey to attend global real estate event in France

Some 250 Turkish companies will participate in an international real estate exhibition in Cannes, in southern France, the Istanbul Chamber of Commerce (ITO) said on Monday. The MIPIM 2018, which gathers the most influential international property professionals, is scheduled to begin on Tuesday.
See Original Article

Hong Kong's Red-Hot Housing Market Shows No Signs of Cooling

Demand in Hong Kong's red-hot housing market shows no signs of abating, with Wheelock & Co. selling all 750 apartments offered at its new Kowloon project over the weekend. Based on buyers' enthusiasm for the project, where 9,800 applications were made for the 750 units, Wheelock is likely to
See Original Article

Ulster Bank kicks off new mortgage war with string of cuts to fixed rates

Ulster Bank has kicked off a new round of mortgage wars with a string of cuts to its fixed mortgage rates. … Mark Whelan, of price comparison site Bonkers.ie, said the figures from the Central Bank showing that most new mortgage agreements in January had fixed rates shows that certainty and peace of
See Original Article

How Europeans Are Saving the Ford Mustang

Buyers abroad are proving more faithful than Americans who grew up worshipping the pony car. By. Kyle Stock. @KyleStock More stories by Kyle Stock. March 11, 2018, 11:45 PM PDT. It took 50 years and more than nine million Mustangs before Ford Motor Co. decided its beloved, blue-collar icon was
See Original Article

Abe's Government Under Fire as Japan Scandal Grips Inner Circle

“Abe may stay on as a kingmaker, but a fresh face at the top seat of the government will likely bring substantial changes to the policy mix in Japan,” Okubo said in an emailed note. “In our view, the changes are likely to take the direction toward fiscal consolidation and more conservative monetary policies
See Original Article

Brexit Bulletin: Asking for the Impossible

Barnier is shooting for October, as are the Brits in theory, although Bloomberg reported last week that U.K. officials in private consider January 2019 the real deadline for getting a deal – just two months before exit day. If there's no exit deal, there's no transition – so the transition deal reached in March
See Original Article

LaurelRidge developers envision scaled-back subdivision in east Eugene

The Laurel Hill Valley has been a money pit for real estate developers over the past decade. A pair of large planned subdivisions in the area, East Ridge Village and Stonecrest, were repossessed by Umpqua Bank following the housing market crash. But construction has picked up at each subdivision
See Original Article

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Shares Move -5.61%

Pennsylvania Real Estate Investment Trust (NYSE:PEI) shares have moved -5.61% on the week. The stock closed the most recent … The closing prices are compared day-by-day to look for trends and can measure market sentiment for any security over the course of a trading day. Stock exchanges work
See Original Article

State delegation favors rollback of banking rules

WASHINGTON — The U.S. Senate this week will debate whether to roll back portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which placed tighter controls on banks after the 2008-09 financial crisis. The bipartisan bill, known as the Economic Growth, Regulatory Relief and
See Original Article

Arlington Asset Investment (AI) Earning Somewhat Positive News Coverage, Study Finds

Arlington Asset Investment logo Media headlines about Arlington Asset Investment (NYSE:AI) have been trending somewhat positive on Sunday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks
See Original Article

Jet, 2 foreign carriers to make joint bid for Air India; Mytrah Energy eyes funds

Earlier budget carrier IndiGo had expressed interest in buying Air India's international operations and its arm Air India Express. Air India is likely to be split into four entities before sale, the report added. Air India, Air India Express and Air India SATS could be one entity, while Alliance Air, Air India Air
See Original Article

Why are banks not lending to agriculture?

Firstly, commercial banks are profit-making institutions and are primarily interested in short-term lending and high returns. Given that most oil firms are mostly involved in the export of crude oil and the import of its refined products – a short-term activity; this coincides strongly with the preference of all
See Original Article

Swedish house price expectations rise to +4 in March – SEB

STOCKHOLM, March 12 (Reuters) – Swedes turned positive on developments in the housing market over the coming year, according to banking group SEB's Housing Price Indicator for March, published on Monday. SEB's indicator, showing the balance between households forecasting rising or falling
See Original Article

Business lending by Italian banks is rising in January

Business lending by Italian banks is rising in January at its fastest pace since December 2011, while the European Central Bank (ECB) is preparing to check whether the cheap money, which it has provided to the country, has reached the real economy. As part of its efforts to stimulate lending and growth
See Original Article

Malaysian banks face risk on commercial real estate loans, says Moody's

The commercial real estate sector in Malaysia was a key concern for potential asset quality weakness, the credit rating agency said. — Ahmad ZamzahuriKUALA LUMPUR, March 12 — Malaysian banks face risks on their commercial real estate loans in 2018, although their overall asset quality is
See Original Article

First home buyers undeterred by rising mortgage pressures

The proportion of median family income required to service a mortgage has increased by 1.6 per cent nationally to 36.1 per cent over the December quarter, according to the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report. However, the report also indicates that, with the
See Original Article

HK-Listed Powerlong Real Estate's February Contracted Sales Rise 88% To CNY1.95 Bln

HONG KONG (Mar 12) — Hong Kong-listed Powerlong Real Estate Holdings said its February contracted sales value climbed 88% year-on-year to 1.95 billion yuan ($307.9 million), according to an exchange filing late on Friday. Sales by area increased to 162,964 square meters, compared with 102,862
See Original Article

Big Tech Firms Are Behaving Like Big Banks

Picture a bank that lends $1 billion to small businesses in 12 months, holds $150 billion in corporate bonds, runs the world's largest money-market fund, offers mobile payments and credit cards, and gives customers cash balances that can be topped up across thousands of homely bricks-and-mortar
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.