New report shows strong interest in transparency and personalized pricing Zilliant, the leader in pricing lifecycle management, today announced the findings of its inaugural Consumer Price Index Survey. The study of 2,003 U.S. consumers1 was designed to understand emerging pricing trends and consumer sentiment in today?s dynamic market.
-Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. World economies and equity markets have had a robust year, with global growth expected to average 3.1% this year, a Reuters poll published in October showed.
The University of Chicago embarked on the Illinois Finance Authority's largest financing ever to transform its capital structure and fund major projects.
MicroStrategy? Incorporated today announced the pricing of its offering of $2.6 billion aggregate principal amount of its 0% convertible senior notes due 2029. The notes will be unsecured, senior obligations of MicroStrategy.
The U.S. Federal Reserve will trim interest rates next month but make shallower cuts in 2025 than expected just a month ago due to the risk of higher inflation from President-elect Donald Trump's proposed policies, according to most economists in a Reuters poll.
The Federal Reserve must not remove Wells Fargo's (WFC) $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S. central bank on Wednesday.
The Federal Reserve must not remove Wells Fargo's (WFC) $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S. central bank on Wednesday.
China and Hong Kong stocks edged higher in volatile trading on Wednesday, with mainland shares supported by AI stocks ahead of Nvidia's (NVDA) earnings later in the day, while investors remained cautious amid steady lending rates.
The European Central Bank warned on Wednesday about a "bubble" in stocks related to artificial intelligence, which could burst abruptly if investors' rosy expectations are not met. The warning came as part of the ECB's twice-yearly Financial Stability Review, a laundry list of risks ranging from wars and tariffs to cracks in the plumbing of the banking system.
* UK CPI 2.3% in October vs Reuters poll 2.2% * Bank of England had also expected 2.2% * Underlying inflation measures rise too. * Sterling jumps and investors trim BoE rate cut bets. * BoE has stressed it will move gradually on rates. By William Schomberg and David Milliken.
Japanese government bond yields struggled for direction on Wednesday, as concerns about another rate hike as soon as December limited safe-haven bids following Ukraine's strike against Russia overnight.
Alibaba (BABA) has raised $5 billion in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this year. The company priced an offering of aggregate principal amount of $2.65 billion in U.S. dollar-denominated notes and 17 billion yuan worth of offshore yuan-denominated bonds.
The Bank of Japan is laying the groundwork to raise interest rates again, but has left markets guessing how soon and at what pace it could push up still-low borrowing costs. Here is a guide to the BOJ's recent communications on when and how far it could eventually raise interest rates: WHAT HAS THE BOJ SAID AND DONE SO FAR?
The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve's interest rate plans and U.S. President-elect Donald Trump's proposed policies. Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a brief boost on Tuesday before fading.
BEIJING, Nov. 19, 2024 ?Chinese President Xi Jinping has met with a number of leaders on the sidelines of the 19th G20 Leaders' Summit held in Rio de Janeiro, Brazil, underscoring the world's recognition of China's role as a powerful and stabilizing force amid global geopolitical uncertainties as well as China's significant contribution to promoting development globally.
BEIJING, Nov. 19, 2024 On November 18 at the 19th G20 Summit, addressing the Fight Against Hunger and Poverty and the Reform of the Institutions of Global Governance, President Xi Jinping delivered two important speeches, titled "Building a Just World of Common Development" and "Working Together for a Fair and Equitable Global Governance System."
Alibaba Group Holding Ltd (BABA): * ALIBABA GROUP PRICES US$2.65 BILLION OFFERING OF U.S. DOLLAR-DENOMINATED SENIOR UNSECURED NOTES AND RMB17 BILLION OFFERING OF RMB-DENOMINATED SENIOR UNSECURED NOTES. * OFFERING OF USD NOTES IS EXPECTED TO CLOSE ON NOVEMBER 26, 2024. * OFFERING OF RMB NOTES IS EXPECTED TO CLOSE ON NOVEMBER 28, 2024.
-Alibaba (BABA) has raised $5 billion in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this year. The company priced an offering of aggregate principal amount of $2.65 billion in U.S. dollar-denominated notes and 17 billion yuan worth of offshore yuan-denominated bonds.
Funds Will Assist Residents and Areas Impacted by Natural Disaster in Chaves County The Federal Home Loan Bank of Dallas has provided a $250,000 charitable donation to Community Foundation of Southern New Mexico to assist with recovery from flooding in Roswell, New Mexico.
Alibaba Group Holding Limited (BABA) (NYSE: BABA and HKEX: 9988 and 89988, ?Alibaba,? ?Alibaba Group? or the ?Company?) () today announced the pricing of an offering of US$2.65 billion aggregate principal amount of U.S. dollar-denominated senior unsecured notes, consisting of: US$1,000,000,000 4.875% notes due 2030 at an issue price per note of 99.838%; US$1,150,000,000 5.250% notes due 2035 at an issue ...
* S&P SAYS CONGO-BRAZZAVILLE LOCAL CURRENCY RATING RAISED TO 'CCC+' ON FINALIZED DEBT EXCHANGE; FC RATING AFFIRMED; OUTLOOK STABLE Source text: Further company coverage: [ ]
Australia's official statistician has been overestimating the cost of child care in its consumer price index for the past year, but the error will not result in any changes to overall CPI inflation. Measures of underlying inflation - the trimmed mean and weighted median - watched closely by the Reserve Bank of Australia were unaffected by the errors, the Australian Bureau of Statistics said.
Methanex Corp (MEOH): * METHANEX ANNOUNCES UPSIZE AND PRICING OF SENIOR UNSECURED NOTES. * Methanex Corp (MEOH) - OFFERING SIZE INCREASED TO $600 MILLION FROM $500 MILLION. * Methanex Corp (MEOH): INTENDS TO USE NET PROCEEDS TO FUND A PORTION OF CASH PURCHASE PRICE OF DEAL TO ACQUIRE OCI GLOBAL'S INTERNATIONAL METHANOL BUSINESS Source text: Further company coverage:
Methanex Corporation (MEOH) announced today that its wholly-owned subsidiary, Methanex US Operations Inc., has priced an offering of US$600 million aggregate principal amount of 6.250% senior unsecured notes due 2032 in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended.
DWS Strategic Municipal Income Trust announced today the payment of its final liquidating distribution to shareholders of $10.131 per share. DWS expresses its appreciation to the shareholders who have supported the Fund and its Board over the years. Important Information Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees.
Kansas City Fed President Jeffrey Schmid said Tuesday that the future path of interest rates remains unclear, with uncertainty surrounding how much further they could fall or where they might stabilize, particularly given factors like productivity, demographics and the rising national debt.
"This year, with the tax-exemption clearly threatened, primary calendars should (although, of course, might not) be larger, putting a $500 billion full-year supply total in range, with $451 billion already in the books through 46 weeks," said MMA's Matt Fabian.
Democratic Republic of Congo's central bank decided at a meeting of its monetary policy committee on Tuesday to keep its policy rate unchanged at 25%, the bank said in a statement.
As world leaders at the G20 summit in Brazil are bracing for the return of U.S. President Donald Trump to the center of global affairs, one head of state in the room has given them an early taste of a familiar, iconoclastic right-wing style.
Drexel Hamilton and four of its representatives were charged by the Financial Industry Regulatory Authority for violating the retail order period eligibility criteria set by municipalities.
It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote of confidence that inflation is returning to its 2% target, Kansas City Fed President Jeffrey Schmid said on Tuesday.
It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote of confidence that inflation is returning to its 2% target, Kansas City Fed President Jeffrey Schmid said on Tuesday.
Peru's copper production fell 1.2% in September compared to the same month last year to settle at 232,423 metric tons, data from the ministry of energy and mines showed on Tuesday. Peru is one of the world's largest suppliers of the industrial metal, and copper is a key national industry that churned out 2.76 million tons last year.
* Canadian dollar gains 0.3% against the greenback. * Canada's annual rate of inflation rises to 2% * Investors dial back bets on jumbo rate cut. * Canada-U.S. 10-year spread narrows 4.6 basis points. By Fergal Smith.
The group of five banks deny long-standing charges from a Minnesota-based whistleblower that they conspired to artificially inflate the rates on variable-rate demand bonds.
South Africa will use its G20 presidency to focus on advancing inclusive economic growth, food security and artificial intelligence, President Cyril Ramaphosa said on Tuesday at a summit of the Group of 20 major economies in Brazil. South Africa takes over the G20 presidency from Brazil at the summit in Rio de Janeiro.
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping's remarks at the 19th G20 Summit in Rio de Janeiro, Brazil, where he called for building a fair and equitable global governance system and outlined China's eight actions for global development, drew widespread attention and positive response among participants.
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.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.