November 11, 20240 Comments

ESG Roundup: Market Talk

Gain insight on tax benefits for solar companies, nationally determined contributions and more in the latest Market Talks covering ESG Impact Investing. Source link

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November 11, 20240 Comments

IMF warns on China’s property market worsening

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images The International Monetary Fund (IMF) warned of a possible worsening of the state of China’s property market as it trimmed its growth expectations for the world’s second-largest economy. In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%,

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November 10, 20240 Comments

The 2 things that will drive the stock market after last week’s Trump-Fed rally

President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest rates, that would be the big story. However, Thursday’s Federal Reserve meeting pales in comparison

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November 8, 20240 Comments

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism By Reuters

(Reuters) – Tesla (NASDAQ:)’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1

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November 8, 20240 Comments

Bank of Canada warns against tinkering with mortgage market

Article content Bank of Canada deputy governor Carolyn Rogers is cautioning policymakers against “tinkering” with the mortgage market in an effort to improve housing affordability, warning that over-reliance on such measures could have long-term negative impacts. Recently, the federal government introduced new mortgage rules, including expanding 30-year amortizations to all first-time homebuyers and to all buyers of new builds, effective next month. It also raised the $1-million price cap for

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