Agent Page
Agent Page
Agent Page
Agent Page
My Posts/Listings
For the Fed’s Yellen ‘conventional’ unconventional policy is enough
By David Chance WASHINGTON (Reuters) – For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to helicopter money drops, Federal Reserve Chair Janet Yellen appears to believe she can tackle any future downturn using… Excerpt from: For the Fed’s Yellen ‘conventional’ unconventional policy is enough Read More →
U.S. agency rolls out refinance program for homeowners
The regulator of Fannie Mae and Freddie Mac unveiled on Thursday a program aimed at homeowners who are paying their mortgages on time but whose loan-to-value (LTV) ratios are too high to qualify for traditional refinance … Go here to read the rest: U.S. agency rolls out refinance program for homeowners Read More →
Strong demand for Samsung’s Galaxy Note 7 tests supply chain
By Se Young Lee SEOUL (Reuters) – Better-than-expected demand for Samsung Electronics Co Ltd's new Galaxy Note 7 is causing supply constraints globally, the South Korean tech giant said Here is the original post: Strong demand for Samsung’s Galaxy Note 7 tests supply chain Read More →
Daimler adopts Silicon Valley tactics to counter new rivals
Mercedes-Benz maker Daimler is embracing Silicon Valley management techniques in a drive to speed up decision making, empower staff and fend off new rivals such as electric carmaker Tesla Motors . Chief Executive Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products. The changes will be closely watched by rivals such as BMW and Audi as traditional... [Read more]
Tesla touts speed and driving range with new upgraded battery
SAN FRANCISCO/WASHINGTON (Reuters) – Tesla Motors Inc crowned itself the maker of the world's fastest production car on Tuesday, saying a new version of its Model S all-electric sedan can accelerate from 0-60 miles per hour in just 2-1/2 seconds. Tesla Chief Executive … More: Tesla touts speed and driving range with new upgraded battery Read More →
U.S. appeals court declines to reconsider Bank of America ruling
A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York rejected a petition by Manhattan U.S. Attorney Preet Bharara's office to have a three-judge panel rehear the case and... [Read more]
U.S. clearance of ChemChina’s Syngenta deal removes key hurdle
Several U.S. lawmakers and groups representing farmers had expressed fears over a Chinese state-owned company being in a position to influence the U.S. food supply. Syngenta shares jumped as much as 12.5 percent on the news and ended trading on Monday up 10.6 percent at 421.20 Swiss francs ($437.9). ChemChina's $465 per share cash offer values the company at around 448 Swiss francs per share... [Read more]
New York nabs global property crown from London on Brexit fears
New York has knocked off London as the world's premier city for foreign investment in commercial real estate due to fears the vote to leave the European Union would diminish the British capital's appeal as a Here is the original post: New York nabs global property crown from London on Brexit fears Read More →
BOJ’s Kuroda says won’t rule out deepening negative rate cut-Sankei
The Bank of Japan will not rule out deepening a cut to negative rates it introduced in February, the Sankei newspaper quoted Governor Haruhiko Kuroda as saying, even as the controversial policy has failed to spur inflation or economic growth. In an interview with the daily, Kuroda said the BOJ's negative rate policy has not reached its limits. “The degree of negative rates introduced by... [Read more]
Fed guessing game moves up a gear as Yellen takes stage
The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity. Amid conflicting signals from the Fed in recent days, central bankers from around the world will gather from Aug. 25 for an annual meeting in the mountains of Jackson Hole, Wyoming, with Yellen due to speak... [Read more]