Interest rates

Here’s where Fed voters stand on raising interest rates and cutting the $8.8 trillion stock of assets

The powerful Federal Reserve body that controls U.S. interest rates looks set to raise the cost of borrowing in March for the first time in four years, ending an extraordinary period of economic stimulus. Still, voters on the Federal Open Market Committee seem less sure when they’ll start chipping away at the Fed’s mammoth $8.8 […]

Asset

Goldman Sachs Asset Management Announces Transfer of Goldman Sachs Physical Gold ETF to Cboe BZX Exchange

NEW YORK, January 19, 2022–(BUSINESS WIRE)–Goldman Sachs Asset Management, sponsor of the Goldman Sachs Physical Gold ETF (“AAAU” or the “Trust”) today announced the transfer of the Trust’s listing from NYSE Arca to the Cboe Exchange BZX on or about February 3, 2022. Current AAAU shareholders are not required to take any action, and the […]

Interest rates

Mortgage bills are set to rise if the Bank of England raises interest rates after UK inflation soars to 5.4%

Homeowners will be hit by rising mortgage bills if the Bank of England heeds calls from economists to raise interest rates to tackle soaring prices of daily consumer goods. The UK’s national bank is facing pressure to raise interest rates at a faster pace than expected to help counter soaring inflation. UK inflation jumped to […]

Profit

Finnvera’s preliminary result for 2021 is profitable

Stock market press release January 19, 2022Finnvera plc, inside information A positive profit warning: Finnvera’s preliminary result for 2021 is profitable The Finnvera Group’s preliminary result for 2021 is profitable, as no new material loss provisions for export credit guarantees had to be made during the year and no material terminal losses were realized. The […]

Profit

WuXi AppTec: POSITIVE PROFIT ALERT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited assumes no responsibility for the content of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss resulting from or based on any or all of the content of this announcement. […]

Profit

In Bendigo, almost every house makes a profit, but not everyone wins

Loading Then first-time home buyers who missed out on the land borrowed at low interest rates and bought established homes for around $650,000, allowing those sellers to move up to the $850,000 family home bracket. $, and these sellers in turn buy an even more spacious house. Combined with demand from tree changers profiting from […]

Principal sum

Relief can significantly reduce the capital gains tax bill when selling property

I am looking to sell a house that I have rented for over 20 years and which was previously my own residence. We purchased the house in 1995 and it was our primary residence from 1995 until 2000 when we moved into our current home. We have since rented the property but are now considering […]

Total cost

Swindon charities helped with £130,000 community grants

VOLUNTEER groups and small charities in Swindon have received a New Year’s boost with vital grants totaling over £130,000 from the Wiltshire Community Foundation. Many community grants awarded by the charity, the Wiltshire-based county’s largest funder, are staggered over three years, giving their recipients the security of knowing that community projects have guaranteed funding. Among […]

Interest rates

Bank Indonesia to hold rates until second half of 2022 despite hawkish Fed

Political decision expected on Thursday January 20 around 07:00 GMT BENGALURU, Jan 18 (Reuters) – Indonesia’s central bank will wait until the second half of the year before raising rates to support economic growth, although the U.S. Federal Reserve is expected to tighten monetary policy as early as March, according to a Reuters poll. Bank […]

Asset

Baker McKenzie adds virtual asset specialist

Global law firm Baker McKenzie has hired a virtual assets specialist in response to growing client interest in Asia. Joy Lam joins the financial services practice of Baker McKenzie in Hong Kong, according to a statement, advising clients on virtual asset funds, token offerings and related infrastructure development in the virtual asset ecosystem. Lam’s experience […]