Hints and tips:
...The order book stood at £2.1bn in August, but more recent trading patterns and levels of sales interest will be key, alongside any signs of stress in the mortgage market....
...If mortgage rates keep going up — now we’re talking about 6 per cent, two-year fixed today — if these things continue, if these rising mortgage rates precipitate a correction in the housing market, if that...
...The payment change paved the way for S&P and Moody’s to give mortgage-backed securities and other products optimistic scores until the house of cards collapsed....
...The dealmaking continued with the New York Stock Exchange owner Intercontinental Exchange’s $11bn purchase of US mortgage data provider Ellie Mae in August....
...For example, the top five lithium producers — Albemarle, Jiangxi Ganfeng Lithium, Livent Corporation, SQM, Tianqi Lithium Corporation — have all faced allegations of corruption, tax avoidance or violating...
...won’t be a straight line the technical indicators are at capitulation levels so equities are worth buying through the forecast downgrades based on a top-down forecast of modest earnings attrition in a V-shaped...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Last week, the Oracle of Omaha rescued Home Capital, a Canadian mortgage lender. On Monday, Berkshire Hathaway put nearly $400m into US landlord, Store Capital, wagering the Amazon effect is overblown....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...The extent to which corporations — or the businessmen-turned-MPs that control them — are in debt to China is anyone’s guess....
...Another four — Barclays, Rio Tinto, Rolls-Royce, BHP Billiton — slashed dividends in 2016....
...A reform of US corporation tax would reduce the competitive advantage of the UK’s present corporation tax policy....
...That compares with 36 per cent for Rio Tinto, which Glencore once aspired to acquire....
...George Osborne quoted Shakespeare’s Henry V as he delivered the last Budget of this administration....
...I’ve already announced a reduction in our corporation tax rate to 18%....
...(Financial Times) Royal Bank of Scotland is shrinking in the US under regulatory pressure from the Fed, with the loss of hundreds of jobs, mainly in mortgage trading, executives told staff on Tuesday....
...- Mortgage investors don’t want Richmond to take away their mortgages. - Conservative arguments since the crisis: a review....
...And non-US companies can be forced to answer a case if they have a considerable presence in the US, as is shown by Sarei v Rio Tinto....
...However, TPG V – which began investing in 2006 and is one of TPG’s largest funds with $15bn in commitments – has suffered from very poor performance....
...In 1997, in the bubble era of football literature, when publishers were throwing money at any football book as if it were a subprime mortgage, I launched a British imitation....
...Which brings us back to Rio+20 and the role of regulators....
...This followed data earlier on Thursday that showed the recent slowdown had extended to the housing market as mortgage approvals and house prices fell in February....
...(Wall Street Journal) - Moody’s cut GE Capital Corporation’s senior unsecured debt rating by two notches to A1, and its rating on the parent company from Aa2 to Aa3....
...Both announcements are a direct result of strategic decisions taken by global corporations whose worldwide production bases are competing for reinvestment....
...Related reading: An unlikely resources race: China v India in Afghanistan, beyondbrics...
International Edition