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Activist investor Erez Asset Management is intensifying its campaign at manufactured-housing real estate investment trust UMH Properties, urging the company to undertake a strategic review that could result in a sale, according to a report by Bloomberg.
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The Corner Report by Renta 4 The markets opened without any major movements in Europe (Euro Stoxx futures virtually flat) and slightly up in the United States (S&P futures up 0.1% and Nasdaq flat)…
The state pension is set to fall into a stealth tax trap next April. The full new state pension is currently £12,548 a year, but the threshold at which people start paying income tax is frozen at just…
The Swiss Franc (CHF) is down against its major currency peers during the European trading session on Wednesday. As of writing, USD/CHF trades 0.17% higher at around 0.8125.
UOB’s Quek Ser Leang and Lee Sue Ann observe USD/JPY consolidating near 159.25 after Monday’s sharp rise, with intraday trade expected between 158.95 and 159.60.
China’s currency has come under more pressure to appreciate since the US and Japan moved to strengthen the yen, according to Bloomberg Economics, potentially draining support for growth as the yuan…