Finland’s housing market is yet to see the bottom with no recovery in sight until the end of next year as a wobbly economy and higher borrowing costs weigh on the property market, OP Group said.
(Bloomberg) — The Swiss National Bank will likely conclude its unprecedented campaign of interest-rate hikes with a quarter-point step on Thursday, a move that risks putting an end to the franc’s peer-beating rally.
Shares of HDFC Bank Ltd. fell as much as 4.2% after Nomura Holdings Inc. downgraded the stock, prompted by the lender’s lowered revision of the business absorbed from its parent.
CVC Capital Partners is gearing up for a potential listing as soon as November, people with knowledge of the matter said, in one of the clearest signs yet that renewed confidence in stock offerings is spreading to Europe.
Hong Kong’s half-century reign as the world’s freest economy has ended, according to the most recent rankings compiled by a Canadian think tank that cited eroding judicial independence as one factor.
Currency traders preparing for this week’s policy decisions from the Federal Reserve and Bank of Japan got fresh reminders that Japanese officials stand ready to intervene in the currency market with possible US backing if swings in the yen are deemed excessive.
A tentative funding revival in Sweden’s commercial property sector suffered a setback on Wednesday after a landlord was forced to scrap a convertible bond sale owing to a lack of demand.
Investors keeping an eye on Bank of Japan policy have shifted their attention to the possible end of the central bank’s negative interest rate following the loosening of guide rails around bond yields.
The number of foreign visitors to Japan recovered to 86% of pre-pandemic levels in August with Chinese tourists adding a boost, according to Japan’s National Tourism Organization.
Luye Medical Group is weighing a sale of its oncology business in Singapore, people with knowledge of the matter said, potentially adding to a wave of health-care deals in the region.
