Country garden triples. The developer faces a faces a dt that could trigger huge effects on the Housing Market which brings us to is this the crisis we are looking for . Everyone is worried about commercial real estate. From new york, i am alix steel. Welcome to Bloomberg Markets. A lot of good stories that could portend where we end up a volume is really bite. It feels like august. Guy tomorrow is what they are waiting for. The inflation printout from the united states, a massive event. I suspect its a caution as a result of that. Things are happening with paying attention to. You see what is happening with european nation inflationary narratives . The real estate is to respond to think about. We had the moodys downgrade of the banks, one concern cited was commercial real estate. Cited was commercial real estate. Its a substantial portion of the office story. Wewe have the story coming out f china, Country Garden, is this the next shoe to drop . When does this is this the next shoe to
European central bank and the bank of on england are holding policy setting meetings today. The ecb is trying to deal with the slow recovery and inflation thats too low. Well have a live report from our colleague, Geoff Cutmore in frankfurt in just about ten minutes. First, andrew has some of the morningss top stories. Good morning. Thanks for that. A number of stories out about the Retail Industry this morning. Some of the nations largest stores will be reporting december comps today. Also, costco, one of the first out of the gate. The warehouse chain posting a better than expected 3 increase in december comp. The retailer was helped in part by online sales. Macys cutting 2,500 jobs as part of a reorganization. The Company Plans to close five stores, but open eight others. Macys says the move will save 800 million per year. The company reporting a profit above wall streets consensus. Take a share that i a look of shares of zs today. The specialty retailer cited quarterly outlook. Shar
Investor optimism buoys stocks; peso down malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
The Philippine Stock Exchange (PSE) said there are 1.91 million accounts trading company shares listed in the local stock market as of the end of last year.
Share prices closed lower Monday on risk aversion. The Philippine Stock Exchange index (PSEi) was down 48.29 points to 6,571.60, a 0.73 percent drop. The b.