Sunday, 12 May 2024

Business

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Luxury River Valley condo sells half of 40 units launched

An upmarket freehold condominium in River Valley has sold half of the 40 units released over the weekend at an average per square foot (psf) price of $2,960 to $3,560. Hong Leong Holdings said seven of the 20 The Avenir units sold as of 6pm yesterday were premium apartments like four-bedroom units with private lift […]

The new wave of Irish business tapping into the American dream

Three years ago, Reece Smyth, the then US chargé d’affaires for Ireland, came up with a unique metaphor to describe the trading relationship between the US and this country. Writing in the Sunday Independent on the friendship between the two countries, the diplomat thanked Ireland for the “prosperity that results from the mutually beneficial ‘two-way […]

St James’s Place walks away from deal to buy Dublin firm Harvest

A deal by British wealth management company St James’s Place to acquire Dublin-based financial advisory firm Harvest Financial Services has fallen through. In a statement to Independent.ie, St James’s Place (SJP) confirmed it was not going ahead with a deal announced last February. “Following careful consideration, St James’s Place has decided not to proceed with […]

Mortgage borrowers paying €2,000 more a year than European neighbours

RIP-OFF mortgage rates in this country are costing new home buyers €2,000 a year more than our European neighbours. New figures from the Central Bank show that average mortgage rates are double the Eurozone average in this country. This is despite a slight fall in the home-loan rate in this country. The Central Bank figures […]

U.S. job growth slows in December, but labor market tightening

WASHINGTON (Reuters) – U.S. job growth slowed more than expected in December, but the pace of hiring likely remains sufficient to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes. The Labor Department’s closely watched monthly employment report on Friday also showed the […]

Oil slips towards $65 as Middle East tensions ease

LONDON (Reuters) – Oil slipped further towards $65 a barrel on Friday as tensions in the Middle East over Iran eased for now and investors focused on rising U.S. inventories and other signs of ample supply. Iran responded to a U.S. drone strike that killed a top Iranian general on Jan. 3 with a missile […]

Stock Futures hold gains after December jobs report

(Reuters) – U.S. stocks futures held on to their gains on Friday after job growth slowed more than expected in December, but the pace of hiring remains more than enough to keep the longest economic expansion in history humming along. At 8:31 a.m. ET, Dow e-minis 1YMcv1 were up 46 points, or 0.16%. S&P 500 […]

World stocks bask in growth hopes after Mideast tensions subside

TOKYO (Reuters) – World shares hit a record high on Friday as relief over the de-escalation of U.S.-Iranian tensions prompted investors to bet on faster global growth, especially in the technology sector. Equities markets quickly erased losses that followed missile attacks from Iran targeting U.S. forces in Iraq, as the two countries moved to defuse […]

World stocks at record high as techs lead relief rally

TOKYO (Reuters) – The world’s shares hit a record high on Friday as a relief over de-escalation of U.S.-Iranian tensions quickly prompted investors to bet on faster global growth, especially in the technology sector. MSCI’s broadest gauge of the world’s stocks in 49 countries .MIWD00000PUS rose a tad to hit an all-time high and its […]

Wall Street at record high on trade optimism, Apple boost

(Reuters) – U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal firmed and several brokerages boosted price targets on high-profile companies. Apple Inc (AAPL.O) gained 1.4% on twin support from data showing iPhone sales jumped more than 18% in China in December, as well as a […]