24 December, 2015 by The TZ Newswire Staff Comments Off on When do markets around the world close on New Year’s Eve?
When do markets around the world close on New Year’s Eve?
Virtually all major markets around the world will be closed on New Year’s Day, but U.S.
24 December, 2015 by The TZ Newswire Staff Comments Off on Philly investor buys stake in Toby Moskovits’ Williamsburg office development
Philly investor buys stake in Toby Moskovits’ Williamsburg office development
Toby Moskovits (Credit: Ashley Walker), David Rubenstein and a rendering of 25 Kent Avenue (Credit: Lifang)
Rubenstein Partners, a Philadelphia-based real estate investor, is buying a stake in Toby Moskovits’ 25 Kent Avenue, a 400,000-square-foot speculative office project in Williamsburg. Rubenstein’s deal for an undisclosed stake in the project values it at $130 million, Crain’s reported.
24 December, 2015 by The TZ Newswire Staff Comments Off on Has The Great Carry Unwind Arrived: Yen Surges After Warning USDJPY 100 Coming
Has The Great Carry Unwind Arrived: Yen Surges After Warning USDJPY 100 Coming
For all the talk that the BOJ would unleash more stimulus, buy REITs, more ETFs (both existent or non-existent), or outright stocks, today the USDJPY did something it has not done in 7 weeks: the world’s preferred carry trade currency just slumped to the lowest level since early November.
24 December, 2015 by The TZ Newswire Staff Comments Off on Bah Humbug! Santa Claus Rally Fizzles On Christmas Eve
Bah Humbug! Santa Claus Rally Fizzles On Christmas Eve
The major averages appeared headed for a fourth straight gain Thursday before a late rally fizzled in light Christmas Eve trading. The Nasdaq edged up 0.1%, while the S&P 500 dipped 0.2% and the Dow Jones industrial average slid 0.3%. Volume fell on both the NYSE and the Nasdaq in the shortened preholiday session. In the stock market today, recent IPO stock CSRA (CSRA) jumped 4% to lead the S&P 500.
24 December, 2015 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold ends higher, scores weekly gain
Metals Stocks: Gold ends higher, scores weekly gain
Gold futures climbed Thursday and posted their first weekly gain in two weeks, as the dollar retreated in a holiday-shortened session on the eve of Christmas.
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24 December, 2015 by The TZ Newswire Staff Comments Off on Daily Digest 12/24 – Zimbabwe Looks To The Yuan, Forests At Risk
Daily Digest 12/24 – Zimbabwe Looks To The Yuan, Forests At Risk
- Study finds people transformed how species associated after 300 million years
- Montreal residents will have to register their fireplaces and wood-burning stoves — or face a $500 fine
- The Devil’s Holiday Letter: 2015 Ignorance,
24 December, 2015 by The TZ Newswire Staff Comments Off on Better Buy for 2016: Amazon Inc. or Netflix Inc?
Better Buy for 2016: Amazon Inc. or Netflix Inc?
Which digital leader will fare better next year?