* One member saw need to hold to avoid surprising markets. * Another saw timing ripe for hike from Japan economic perspective. * Two members unsuccessfully proposed a hike to 0.75% in September. * Some warned of cost of waiting, favour hike at regular intervals. * BOJ kept rate steady in Sept, Oct; focus on Dec meeting. By Leika Kihara.
HONG KONG, Nov. 4, 2025 ICAC Commissioner Mr Woo Ying-ming, in his capacity of President of the International Association of Anti-Corruption Authorities, headed an ICAC delegation to South Africa to attend the meeting of the Group of 20 Anti-Corruption Working Group for the first time.
* Asian equities drop sharply following tech-led Wall Street sell-off. * NZ dollar drops to 12-year low vs Aussie after jobless rate jumps. * Sterling near 7-month low as UK finance minister hints at broad tax hikes. By Kevin Buckland. TOKYO, Nov 5 - The safe-haven Japanese yen and U.S. dollar garnered demand on Wednesday as an aggressive tech-led selloff on Wall Street spilled over into Asia.
Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of economic uncertainty thickens, putting Chair Jerome Powell's consensus-building skills to the ultimate test. These fissures were underscored by Powell in his post-meeting press conference. This all comes at a challenging moment.
Major stock indexes gained on Wednesday as corporate earnings and U.S. private payrolls data were stronger than expected, while Treasury yields surged following the day's economic data. U.S. private payrolls increased?by 42,000 jobs in October, exceeding expectations of a 28,000 gain, according to a Reuters poll of economists.
Bank of Japan board members in September debated the pros and cons of pausing on further interest rate hikes, with one calling for raising borrowing costs at "somewhat regular intervals", minutes of the meeting showed on Wednesday.
* 43 people confirmed dead in Haiti, 32 in Jamaica. * Jamaica PM sees $6-7 billion economic hit in early estimate. * Melissa was among the Atlantic's strongest storms. * Climate change fuels stronger storms across Caribbean. By Zahra Burton and Sarah Morland.
HAMILTON, Bermuda, Nov. 4, 2025 Nabors Industries Ltd.? today commented on the recent credit ratings actions taken by all three of the major credit rating agencies. Anthony G. Petrello, Nabors Chairman, CEO and President, commented, "Nabors has made dramatic progress this year to delever and strengthen our balance sheet.
In light of recent market developments,?Michael Eisenga, CEO of First American Properties, felt compelled to issue a statement on his observations and concerns regarding liquidity conditions, central-bank policy shifts, and the implications for the housing market and broader economy.
Eversource Energy (ES) beat Wall Street estimates for third-quarter profit on Tuesday, helped by higher rates for its services. Shares of the company rose 2% after the bell. U.S. utilities have sought rate increases to fund grid upgrades as electrical grids face extreme weather and growing demand from industrial electrification and data center expansion.
AM Best has revised the outlook to positive from stable and affirmed the Financial Strength Rating of A and the Long-Term ICR of ?a? of?Michigan Millers Mutual Insurance Company. Concurrently, AM Best has affirmed the FSR of A+ and the Long-Term ICR of ?aa-? of Western National Mutual Insurance Company and its affiliates, collectively known as Western National Insurance Pool.
LEXINGTON, Ky., Nov. 4, 2025 Ramaco Resources, Inc. (METCB) announced today, in a separate press release, its intention to offer, in an underwritten public offering, subject to market and other conditions, $300,000,000 aggregate principal amount of convertible senior notes due 2031?, plus up to an additional $45,000,000 aggregate principal amount of notes that the underwriters of the notes offering hav...
LEXINGTON, Ky., Nov. 4, 2025 Ramaco Resources, Inc. (METCB) announced today that it intends to offer, subject to market and other conditions, $300,000,000 aggregate principal amount of ?convertible senior notes due 2031 in a public offering registered under the Securities Act of 1933, as amended.
Guardant Health, Inc. (GH), a leading precision oncology company, today announced its intention to offer $300.0 million aggregate principal amount of convertible senior notes due 2033 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Tuesday saw a good slate of deals, including the acceleration of Ohio's $508.865 million of GOs and Austin's $419.035 million of electric utility system revenue refunding bonds.
Westlake Corporation (WLK) announced today that it has priced its previously announced underwritten public offering of $600,000,000 aggregate principal amount of senior unsecured notes due 2035 and $600,000,000 aggregate principal amount of senior unsecured notes due 2055 under its existing shelf registration statement.
Financial stocks rose in late Tuesday afternoon trading with the NYSE Financial Index gaining 0.3% and the Financial Select Sector SPDR Fund adding 0.5%. The Philadelphia Housing Index increased 0.3%, and the Real Estate Select Sector SPDR Fund climbed 0.2%. Bitcoin fell 6.1% to $100,019, and the yield for 10-year US Treasuries decreased 2 basis points to 4.09%. In corporate news, UBS is gainin...
Jamaican Prime Minister Andrew Holness on Tuesday said that last week's Hurricane Melissa, the strongest-ever storm to hit its shores, caused damage to homes and key infrastructure roughly equivalent to 28% to 32% of last year's gross domestic product.
* Euro falls against dollar for fifth straight session. * Pound weakens on rare pre-budget speech by UK finance minister. * Yen gains; investors wary of intervention risks. * Aussie slips after RBA stands pat, warns on inflation. * Bitcoin slips to lowest in more than four months. By Saqib Iqbal Ahmed.
Brazilian Finance Minister Fernando Haddad said on Tuesday that no matter how much pressure there is on the central bank to avoid cutting interest rates, borrowing costs will have to come down as they are "excessively restrictive". Speaking at a Bloomberg event in Sao Paulo, Haddad said real interest rates of 10% "make no sense," adding that inflation will end the year within target.
Freddie Mac today announced it sold via auction 25 deeply delinquent non-performing residential first lien loans from its mortgage-related investments portfolio to Revolve Capital LLC. Given the delinquency status of the loans, the borrowers have likely been evaluated previously for loss mitigation, including modification or other alternatives to foreclosure, or are in foreclosure.
Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index gaining 0.2% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index increased 0.4%, and the Real Estate Select Sector SPDR Fund climbed 0.3%. Bitcoin fell 6.1% to $100,019, and the yield for 10-year US Treasuries decreased 2 basis points to 4.09%. In corporate news, UBS is ga...
Latin American stocks were mixed on Tuesday, amidst a global sell-off after warnings of a
potential downturn, while currencies slipped as mixed messages from Federal Reserve officials
clouded ...
KBRA assigns a rating of BBB to Crescent Capital BDC, Inc.'s (CCAP) $67.5 million, 5.87% senior unsecured notes due 2029, $50 million, 5.97% senior unsecured notes due 2029, and $67.5 million, 6.20% senior unsecured notes due 2031.
Muni experts discussed how macroeconomic concerns and a volatile political environment are affecting the market as the market chalks up another record year of issuance.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund adding 0.3%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was down 0.2%. Bitcoin was falling 5.8% to $100,427.60, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.09%. In cor...
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund adding 0.3%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was down 0.2%. Bitcoin was falling 5.8% to $100,427.60, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.09%. In cor...
Municipal bond insurance volume grew 17.7% year-over-year in the first three quarters of 2025, according to LSEG, outpacing the municipal market as a whole.
Municipal water agencies are appealing to the Environmental Protection Agency about a slowdown in the Water Infrastructure Finance and Innovation Act loan program which along with bond sales, funds improvements to water and sewer infrastructure.
Canada updates job market conditions with the Labour Force Survey for October on Friday, said Scotiabank. It's one of two readings before the next Bank of Canada decision on Dec. 10th, which dampens some of its significance to markets.
Westlake said Tuesday it has launched an underwritten public offering of senior unsecured notes and a concurrent cash tender offer to purchase any and all of its outstanding 3.60% senior notes due 2026.
Morgan Stanley said that while it expects an on-hold decision at Poland's central bank on Wednesday, it sees a 45% subjective probability for a 25bps rate cut. Morgan Stanley forecasts Sween's Riksbank to remain on hold on Wednesday.
LevelField.io, a leader in reputation-protection services, has announced the release of its latest whitepaper titled "The Hidden Cost of False Claims: How Low-Quality Dropshippers Harm Legitimate Brands." This comprehensive report arrives just in time for the holiday season, a period notorious for a spike in online shopping and deceptive marketing practices.
* Euro slips against dollar for fifth straight session. * Pound weakens on rare pre-budget speech by UK finance minister. * Yen gains; investors wary of intervention risks. * Aussie wobbles after RBA stands pat, warns on inflation. * Bitcoin slips to lowest in more than four months. By Saqib Iqbal Ahmed.
Morgan Stanley said it expects Brazil's central bank to keep rates unchanged at 15.00% on Wednesday, in line with the message of the last statement and minutes. Similar to the previous statements, the BCB will continue to lean hawkish, in the bank's view, reinforcing the need for "caution" in assessing the lagged impacts from the hiking cycle.
TORONTO, Nov. 4, 2025 Foresters Financial?, the fraternal life insurer redefining member experience through purpose-driven innovation, today announced that independent rating agency A.M. Best Company has affirmed The Independent Order of Foresters Financial Strength Rating of "A" with a stable outlook.
* US ADP employment report due on Wednesday. * Dollar trades at three-month highs. * Palladium falls over 3% By Noel John and Pablo Sinha. Gold prices fell below $4,000 per ounce on Tuesday as the dollar hit three-month highs, while traders awaited U.S. economic data for clues on the U.S. Federal Reserve's policy path.
The Reserve Bank of Australia left its Cash Rate unchanged at 3.6% overnight Monday, as expected, said Commerzbank. Until recently, most economists had expected a cut in November, wrote Commerzbank in a note to clients. Due to expiring subsidies, a rise in inflation was expected.
Westlake Corporation (WLK) announced today the commencement of an underwritten public offering, subject to market and other conditions, of senior unsecured notes under its existing shelf registration statement. The timing of pricing and terms of the Notes are subject to market conditions and other factors.
Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of economic uncertainty thickens, putting Chair Jerome Powell's consensus-building skills to the ultimate test. These fissures were underscored by Powell in his post-meeting press conference. This all comes at a challenging moment.
SEOUL, South Korea, Nov. 4, 2025 /PRNewswire/ --?Ultra-low-power AI semiconductor company DEEPX announced that it was an official speaker at the New Drivers of Industry Transformation Meeting 2025 hosted by the World Economic Forum, where it shared its vision for 'Physical AI' alongside the world's top innovation leaders. first AI semiconductor company to receive the MINDS 2025 Award, which rec...
Pipe?s participation in the Unicorn Community will focus on promoting financial inclusion for small businesses. Pipe, a fintech company offering embedded capital products for small businesses, announced today that it has joined the World Economic Forum's Unicorn Community, a designation reserved for private hyper-growth companies at the forefront of disruption and innovation in their industries.
A new report from the Global Electronics Association, ?Powering the U.S. Economy: The Economic Reach of Electronics Manufacturing,? finds that U.S. electronics manufacturing remains a powerful engine of economic growth and resilience?supporting 5.2 million American jobs, contributing $853 billion to U.S. gross domestic product, and generating $1.8 trillion in total economic output.
Brazil's industrial production fell in September, data from statistics agency IBGE showed on Tuesday, matching market expectations and losing momentum amid high borrowing costs. Following a rebound in August, industrial output in Latin America's largest economy dropped 0.4% in September from the previous month, IBGE said, resuming a downward trend since April.
* Aussie wobbles after RBA stands pat, warns on inflation. * Traders lower chances of rate cuts from divided Fed. * Yen gains; investors wary of intervention risks. * Pound weakens on rare pre-budget speech by UK finance minister. By Amanda Cooper.
Shopify (SHOP) projected quarterly revenue largely above market estimates on Tuesday, signaling strong demand at the e-commerce company as retailers gear up for the all-important holiday shopping season. The company expects revenue to rise in the mid-to-high-twenties percentage range in the fourth quarter, compared with analysts' average estimate for a 23.4% increase, according to data compiled by LSEG.
The Canadian dollar has been one of the best-performing G10 currencies over the last couple of weeks alongside the US dollar, said MUFG. USD/CAD attempted and failed to break back below the 1.4000 level after the Bank of Canada signaled that it's likely to pause its rate cut cycle in the near-term, stated MUFG.
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.
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