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18.09.26 - 01:00
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Hong Kong malls bet on Asian Games to boost footfall, tenant sales amid spending shifts (SCMP)
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Hong Kong shopping mall operators are extending a strategy used during this year's Fifa World Cup into the Asian Games, leveraging major sporting events to draw visitors and support tenant sales as retailers face competition from Shenzhen, overseas shopping and online spending.
Sino Group is among the landlords expanding the strategy beyond tournament broadcasts. It expects foot traffic across four malls to increase during its Asian Games campaign, with selected merchants forecast to record......
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17.09.26 - 21:06
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Yardeni on Cutting His S&P Outlook, Fed, Oil Prices (Bloomberg)
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Ed Yardeni, one of the biggest stock bulls on Wall Street, talks about why he's slashing his year-end forecast for the S&P 500 Index to 7,900 from 8,400. He also says the Federal Reserve could raise interest rates two more times this year. Yardeni says Iran is likely to wreak havoc and keep oil prices elevated. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)...
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17.09.26 - 18:48
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The Bank of England is shaking up its bond sales – why does it matter? (The Guardian)
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What the plan to sell £146bn in gilts back to the Treasury means for the public financesBank of England holds interest ratesBurnham's talk of 'breathing space' at odds with reality of future rate risesMixed in with the Bank of England's decision on Thursday to hold interest rates at 3.75% was a surprise announcement that it was shaking up its programme of quantitative tightening.So why is this apparently arcane change to QT important, and what does it mean for the public finances? Continue reading......
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