(Bloomberg) — Some of Asia’s biggest stock and bond markets outside China are seeing greater outflows than in previous market crises, and the process may just be getting underway. Most Read from Bloomberg Global funds offloaded a net $40 billion of equities across seven regional markets last quarter, exceeding any three-month period characterized by systemic stresses since 2007. The steepest selling was in tech-heavy Taiwan and South Korea and energy-importing India, while foreign investors… Source link
Read More »Monthly Archives: July 2022
Home sellers are realizing it’s no longer their housing market
The housing market has rapidly changed. Sellers, once in the driver’s seat at the start of the year, are much more accommodating to complete a home sale as borrowing costs skyrocket for buyers. A growing number of home sellers have been forced to readjust their home prices in recent weeks. According to Redfin, an estimated 6.1% of homes for sale during the four weeks leading to June 19, asked for a price drop – a record high as far back as the data goes, through the start of 2015. That… Source link
Read More »TopGolf CEO plans to outdrive recession risk
TopGolf is to driving ranges what Pizza Planet was to pizza shops, except non-fictional. The sport of golf saw tremendous growth during the height of the pandemic drove sportspeople towards socially-distanced outdoor activities. Now, during an inflationary reality for consumers, TopGolf looks to weather a cost-conscious visitor — while replicating its driving range formula at new geographic locations. “We’re really looking everywhere globally,” TopGolf CEO Artie Starrs told Yahoo Finance… Source link
Read More »DoorDash to ‘fast forward’ growth ambitions in face of headwinds: Co-Founder and CTO
Food delivery giant DoorDash is doubling down on its global ambitions, even as the delivery space faces steep declines from its pandemic highs. In an interview with Yahoo Finance at the Collision Conference, Co-Founder and CTO Andy Fang explained what the company’s recent $3.5 billion acquisition of Finnish delivery company Wolt meant for them down the road. “With the partnership with Wolt, I think we’re going to be able to fast forward those ambitions,” Fang said, adding: “People ask us,… Source link
Read More »There are new tools for Google Password Manager
If you’re terrible at making your passwords the correct strength, and then even worse at remembering them once you do, Google Password Manager just updated a lot of its services for you. You’ve been able to use Google Password Manager’s auto-fill option on the Chrome browser, which allows the browser to remember your passwords for all the sites you visit, for some time now. And Google Password Manager has also been able to create unique, strong passwords for you online, too. But now, the… Source link
Read More »Weddings are ‘through the roof this year,’ Zola CEO
The wedding business is booming. After the pandemic forced couples to postpone walking down the aisle, weddings are ‘through the roof this year,’ according to Zola CEO Shan-Lyn Ma. “We have one of the busiest wedding years since the 1980s,” Ma told Yahoo Finance (video above). “Guests are excited to go to weddings again, and they are invited to more than ever before.” A report by The Knot estimates the number of weddings will hit 2.6 million this year, up from 2.2 million in… Source link
Read More »Biden administration weighs extraordinary action to make your mortgage cheaper
The Biden administration may trim mortgage costs for new and low-income homebuyers in a move to make homebuying more accessible, The Wall Street Journal reports. Industry officials are asking the Federal Housing Administration to cut premiums it charges for loans they insure by $50 to $70 a month per buyer, though some analysts say the federal agency is unlikely to make such deep cuts, the newspaper reports. Biden’s moves to make homebuying more affordable have so far centered on easing… Source link
Read More »Google may have shared data with sanctioned Russian ad company, report finds
Google may have been sharing potentially sensitive user data with a sanctioned ad tech company owned by Russia’s largest state bank until as recently as June 23, according to a ProPublica report. This comes just four months after the Senate Intelligence Committee warned the tech giant to stay alert for possible exploitation by Russia and Russia-linked entities following the Russian invasion of Ukraine. Google allowed RuTarget, a Russian company that helps brands and agencies buy digital ads,… Source link
Read More »Carlos Alcaraz defeated by Jannik Sinner
Here we are on the middle Sunday of Wimbledon 2022, and unlike the past, there’s play happening all day. Starting in 2022, the typical day of rest on middle Sunday is no more. On Day 7, the first day of Round 4 (also known as the Round of 16), we’ll see Novak Djokovic and Carlos Alcaraz, as well as Frances Tiafoe and Tommy Paul, two of the four American men left in the tournament. To find out what happened on Day 6 — a major gut punch of a day that featured the eliminations of Coco Gauff,… Source link
Read More »Yahoo DFS Baseball: Sunday Picks
This article is part of our Yahoo DFS Baseball series. Hopefully your Fourth of July weekend is going well, and hopefully it gets even better Sunday when your DFS lineups pull through for you. We have another typical Sunday setup, with a 14-game slate which includes everything but the early Peacock start. Here are some suggestions to try and maximize your lineup and your success. Pitching Robbie Ray, SEA vs. OAK ($53): Cy Young winner Robbie Ray has decided to make an appearance this… Source link
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