Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively. Now, with The Street betting that the Fed will lower interest rates, the equation is simple: The lower interest rates go, the higher the M&A activity will rise.
At a 30 April meeting, China’s Politburo—the small group that sets government policies—signaled that mortgage interest rates will be lowered again and that aid would be offered to floundering real estate developers.
Japan’s central bank intervened in markets last week for a second time, buying $23 billion worth of yen to prop up the country’s sinking currency, Bloomberg reported after analyzing the bank’s current account figures.
More than $38 billion worth of loans against U.S. office properties are delinquent in their payments or facing foreclosure or default, according to data service MSCI.
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Profits in China’s industrial sector fell last month on fewer exports and pressures from the country’s ongoing deflationary cycle that did little to spur the consumer economy.
The number of commercial real estate sales in Europe during this year’s first quarter was 26 percent below the same period in 2023, falling to a value of €34.5 billion, the Financial Times reported.
Many U.S. regional banks posted steep drops in first-quarter profits and warned that the future looks no brighter.
Schneider Electric, a French software and automation company, is in discussions to buy Bentley Systems, a U.S. firm that designs software and provides services in design, construction, and operation of infrastructure.
China’s economy grew by 5.3 percent, year on year, according to the National Bureau of Statistics (NBS).