Leaders of the Group of 20 major economies meet on Tuesday to discuss sustainable development and the transition to cleaner energy, as they aim to increase the odds of a successful deal to address global warming at U.N. climate talks in Azerbaijan.
More than 700 small businesses receive support through grants and discounted lending programs in 2024. In recognition of Small Business Saturday on November 30, the Federal Home Loan Bank of Chicago today announced it has invested over $27 million through its Community First? Accelerate Grants for Small Business and its Community Small Business Advance throughout 2024.
Methanex Corporation (MEOH) announced today that its wholly-owned subsidiary, Methanex US Operations Inc., has launched an offering of US$500 million aggregate principal amount of senior unsecured notes due 2032 in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended.
The deal, which marks the city's largest special facilities revenue bond issuance, will help finance a terminal project at George Bush Intercontinental Airport.
A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. Treasuries got a rare lift on Tuesday, with speculation about Donald Trump's pick for Treasury Secretary centering on a relatively familiar face of Kevin Warsh just as a geopolitical "safety bid" was stoked by nuclear sabre-rattling from Russia.
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. Treasuries got a rare lift on Tuesday, with speculation about Donald Trump's pick for Treasury Secretary centering on a relatively familiar face of Kevin Warsh just as a geopolitical "safety bid" was stoked by nuclear sabre-rattling from Russia.
The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation down, bank governor Victoria Rodriguez told Reuters in an interview. Banxico, as Mexico's central bank is known, lowered its key rate by 25 basis points to 10.25% on Thursday in a unanimous decision by its five-member governing board.
The U.S. dollar edged up on Tuesday to within striking distance of its one-year high as investors closely watch U.S. President-elect Donald Trump's search for a Treasury secretary, which is widening after stalling over the weekend. Among the names now being considered are Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh.
China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks' profitability and the yuan comes under fresh pressure as Donald Trump returns to the White House.
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping attended the 19th G20 Summit in Rio de Janeiro on Monday. In his remarks on Fight Against Hunger and Poverty at Session I of the 19th G20 Summit on Monday, Xi called for building a just world of common development.
A look at the day ahead in European and global markets from Kevin Buckland. Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the green.
Japanese government bond yields inched down on Tuesday, as investors were relieved after the Bank of Japan chief did not provide a decisive hint on the timing of the next interest rate hike. The 10-year JGB yield fell 0.5 basis point to 1.065%. The 20-year JGB yield fell 0.5 bp to 1.890%. BOJ Governor Kazuo Ueda on Monday offered few clues on whether the BOJ would raise rates in December.
A look at the day ahead in European and global markets from Kevin Buckland. Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the green.
* More cities likely to follow Beijing and Shanghai. * Some analysts say confidence in major cities' property markets improving. * But more measures seen as needed to boost consumer confidence. By Liangping Gao and Joe Cash.
The International Monetary Fund warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even as it expects the region to remain a key engine of growth for the global economy.
Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month.
The International Monetary Fund warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even as it expects the region to remain a key engine of growth for the global economy.
Brazilian President Luiz Inacio Lula da Silva on Tuesday urged leaders of the Group of 20 major economies to accelerate their national climate targets, calling on them to reach net zero climate emissions five to 10 years ahead of schedule.
MECHANICSBURG, Pa. ?, Nov. 18, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation, a wholly-owned subsidiary of Holdings, has priced a private offering of $550.0 million in aggregate principal amount of its 6.250% senior notes due 2032.
BEIJING?, Nov. 18, 2024 The 19th G20 Summit is being held in Rio de Janeiro, Brazil, from November 18 to 19. Chinese President?Xi Jinping said at the summit that China has announced the decision to give all the least developed countries having diplomatic relations with China zero-tariff treatment for 100 percent tariff lines.
Australia's central bank said on Tuesday that there was no immediate need to change interest rates, having left them steady for a year now, but it was important to be ready to act as the economic outlook evolves.
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 MARA Holdings, Inc. (MARA), a global leader in leveraging digital asset compute to support the energy transformation, today announced the pricing of its offering of $850 million aggregate principal amount of 0.00% convertible senior notes due 2030. The notes will be unsecured, senior obligations of MARA.
Grants Will Be Used to Educate Homeowners and Transform Damaged Properties. Representatives from the Federal Home Loan Bank of Dallas joined Veritex Community Bank to award $12,500 in Partnership Grant Program funding to Credit Coalition and $21,000 to the Houston Land Bank Fund to help promote economic development in Houston, Texas. This press release features multimedia.
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2030 and 2035 in aggregate principal amounts of $600.0 million and $600.0 million, respectively. The net proceeds of the offering are expected to be approximately $1,183.7 million, after deducting underwriting discounts and estimated offering expenses.
The Bank of Japan will release next month its findings on the pros and cons of the various unconventional monetary easing tools used in its 25-year battle with deflation, in another symbolic step towards ending its massive stimulus.
KBRA assigns a long-term rating of AA, with a Stable Outlook, to Harris County, Texas Hotel Occupancy Tax Senior Lien Revenue Bonds, Taxable Series 2024. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
* S&P 500, Nasdaq finish higher. * Gold prices rise as US dollar index edges lower. * Oil prices settle up 3% * Benchmark 10-year Treasury yields lose ground. By Chibuike Oguh and Samuel Indyk. NEW YORK/LONDON, Nov 18 - Global shares rose on Monday while the U.S. dollar fell but still traded near one-year highs as traders pared expectations of future interest-rate cuts by the Federal Reserve.
Hyatt Hotels Corporation (H), a leading global hospitality company, announced today the pricing of its public offering of $150,000,000 aggregate principal amount of senior notes due 2029, which will bear interest at a fixed annual rate of 5.250% and $450,000,000 aggregate principal amount of senior notes due 2031, which will bear interest at a fixed annual rate of 5.375%. The 2029 Notes will be a f...
CALGARY, AB, Nov. 18, 2024 NOVA Chemicals Corporation announced today the pricing of a private offering of $400 million of senior unsecured notes, structured as 7-year non-call 3-years.
- A look at the day ahead in Asian markets. Investors in Asia will likely take their cue from global dynamics and drivers given the dearth of local market-moving events on Tuesday, and if that's the case, the signs are reasonably encouraging. The rocky ride last week that saw a sharp reversal in stocks and risk appetite gave way to a much smoother start to this week on Monday.
A look at the day ahead in Asian markets. Investors in Asia will likely take their cue from global dynamics and drivers given the dearth of local market-moving events on Tuesday, and if that's the case, the signs are reasonably encouraging. The rocky ride last week that saw a sharp reversal in stocks and risk appetite gave way to a much smoother start to this week on Monday.
Chinese President Xi Jinping said at the Group of 20 Summit in Rio de Janeiro that artificial intelligence should not be a "game of rich countries and the wealthy," state news agency Xinhua reported on Monday. Xi also called for more international governance and cooperation on AI, Xinhua said.
LIMA, Peru, Nov. 18, 2024 With the international community increasingly at risk of being torn apart by the centrifugal force generated by the black hole at its center, Brazil making "Building a Just World and a Sustainable Planet" the priorities for the G20 Summit it is hosting in Rio de Janeiro on Monday and Tuesday is a timely attempt to refocus the attention of the participating leaders on t...
VICI Properties Inc. (VICI) announced today that Moody?s Investors Service, Inc. upgraded its issuer credit rating for VICI Properties L.P. to ?Baa3? from ?Ba1?, with a stable outlook. David Kieske, Chief Financial Officer of VICI Properties (VICI), said, ?Today?s announcement reflects the strong credit profile VICI has worked tirelessly to build since the Company?s inception.
Foreign holdings of U.S. Treasuries increased for the fifth straight month in September and reached a record, data from the Treasury Department showed on Monday. Holdings of U.S. Treasuries by foreigners rose to $8.673 trillion from $8.503 trillion in August. The benchmark 10-year Treasury yield started September at 3.928% and ended the month at 3.802%, a decline of 12.6 basis points.
MicroStrategy? Incorporated today announced that it intends to offer, subject to market conditions and other factors, $1.75 billion aggregate principal amount of its 0% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended and to certain non-U.S. persons in...
Houston is set to price Tuesday $1 billion of United Airlines Terminal Improvement Projects AMT revenue bonds while the Public Finance Authority will bring $125 million of non-rated Million Air Three General Aviation Facilities Project revenue bonds.
U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Donald Trump administration after Republicans won the presidency and control of Congress. Yields rose heading into the Nov. 5 U.S. elections on expectations of a Republican sweep.
Sustainability Bonds Rated 'A+' by S&P Global Ratings, Enable Growth for Loan Fund BOSTON, Nov. 18, 2024 /PRNewswire/ -- BlueHub Capital today announces its affiliate, BlueHub Loan Fund, a leading national nonprofit community development financial institution, successfully issued $86.8 million of Sustainability Bonds in its second public debt offering.
* BOJ governor flags gradual hikes but vague on timing. * Dollar holds near one-year high. * Eyes on Trump's Treasury pick. By Chuck Mikolajczak. The dollar rose against the yen on Monday to resume its recent ascent after Japan's top central bank official signaled further monetary policy tightening was on the horizon, but was vague on the timing of any such hike.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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