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Commercial real estate fears are overblown, and mortgage bonds show the sector is poised to recover, portfolio manager says
Commercial mortgage-backed securities have been performing well, and it poses a positive sign for b…
Aruni Soni
US office buildings are facing a 30% price drop as remote work continues to upend the sector, Morgan Stanley says
US commercial real estate is headed for a wall of debt maturities
Jennifer Sor
Amit Shah stresses on bringing in new criminal law drafts at IPS probationers' passing out parade
Union Home Minister Amit Shah stressed upon bringing in the three new criminal law drafts that will…
ANI
ISRO chief sees potential in space sector beyond just building rockets, satellites
When we reach our Amritkaal, the share of our economy in space will be substantially higher and it …
ANI
Interest rate hikes unlikely to have negative impact on earnings of banking sector: ICRA
Analysts may be worried about rising stress in the retail assets of banks, but ICRA is of the vie…
Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress
Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…
Office sector collapse will cost US banks as much as $250 billion, hedge fund boss says
Other areas of the commercial real estate market should remain solid, like industrial, multifamily …
Matthew Fox
US stocks rise as tech sector leads rally amid high hopes for Nvidia earnings
Stocks looked to break out of the August slump as investors gear up for Nvidia earnings and the Fed…
Filip De Mott
A turbulent few years for stocks has led to a boom in therapy services for stressed out traders
Wall Street pros and day traders alike are suffering from higher rates of depression, anxiety, and …
Jennifer Sor
Chinese developers jump after central bank pledges more support for embattled property sector
New PBOC governor Pan Gongsheng met Thursday with eight of China's biggest developers including Cou…
Joseph Wilkins
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
India’s IT sector likely to face macro headwinds until end 2023, say analysts
India’s information technology services companies have been struggling amid heightened fears of rec…
Silicon Valley Bank's new CEO urges depositors to bring back their money
Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…
Don't stress about recession with inflation cooling and the job market booming, Nobel economist Paul Krugman says
Paul Krugman says a recession looks unlikely with inflation dropping, unemployment at a historic lo…
Theron Mohamed
US stocks trade mixed as investors weigh solid earnings against continued bank stress
A poor earnings report from First Republic Bank sent the stock to new all-time lows as it failed to…
Matthew Fox
Billionaire Barry Sternlicht's firm just defaulted on a $200 million office mortgage amid mounting commercial-property stress
Barry Sternlicht's Starwood Capital just failed to refinance or pay off its mortgage tied to an Atl…
Zahra Tayeb
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
Late payments on commercial mortgages are piling up as higher rates and weakening property prices bite into the sector
Commercial real estate property owners that were late on payment for 30 days or more or have alread…
Jennifer Sor
US stocks slip as yields creep higher on easing concerns about banking system stress
Upbeat developments in the banking industry gave room for Treasury yields to rise on Tuesday, putti…
Carla Mozée
The banking crisis risks severe spillover across the financial sector and beyond, Moody's says
Strategists at the ratings agency warned that, even though policymakers responded to the bank turmo…