UBS sees 5% US 10-year Treasury yield as equities’ negative threshold
Investing.com — UBS strategists, led by Andrew Garthwaite, have indicated that a 5% yield on the US 10-year Treasury would mark a negative turning point for equities. They also suggest a 35% chance of a stocks bubble, which could happen
Hong Kong’s New World Development says business operations are ‘as usual’
(Reuters) – Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business as usual, following “media rumours” about its operations and financial obligations. Earlier this week, the company had issued a clarification that it
Forterra posts modest trading improvement but cautions on economic uncertainty
Investing.com — Forterra (LON:FORT) on Thursday provided a cautiously optimistic outlook for the year ended December 31, 2024, noting a “modest improvement” in trading conditions, particularly towards the end of the year. Despite the challenging economic conditions, the company maintained stable