Stock market 30 year chart

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,592.34 points on Thursday, down 33.64 points, or 1.28 percent, from the previous trading day. [YONHAP] Shares dropped by more than 1 percent to snap a two-day winning streak, as investor appetite for risky assets fell amid fears about high-flying inflation that sparked a massive sell-off on Wall Street. The won fell against the dollar. The Kospi retreated 33.64 points, or 1.28 percent, to close at 2,592.34 points. Trading volume was moderate at about 663 million shares worth some 9.7 trillion won ($7.6 billion), with losers outnumbering gainers 767 to 124. Institutions sold a net 483.4 billion won, and foreigners offloaded 97.9 billion won, while retail investors bought 520.2 billion won. The key stock index faltered below the 2,600-point mark at the opening bell, tracking an overnight plunge on Wall Street. The S&P 500 sank 4.04 percent Thursday, the sharpest drop since June 2020, as … [Read more...] about Stocks drop more than 1 percent after Wall Street plunge

The average 15-year fixed mortgage rate nationwide is 4.87% and the 15-year jumbo mortgage rate is 4.82%, as of May 18, 2022. These rates are not the teaser rates you may see advertised but, based on our methodology, should more accurately represent what customers can expect to get depending on their qualifications. You can learn more about what makes our rates different in the Methodology section of this page. Just because it’s common for homeowners to take out a 30-year mortgage doesn’t mean you need to. Borrowers who score the best 15-year mortgage rates will be able to save tens of thousands of dollars in interest over the lifetime of the loans. While it does come with a higher monthly payment, those who plan properly will be able to take advantage of lower interest rates and will build home equity much faster. Even so, you’ll want to make sure your financial situation is rock-solid enough to afford the large payments. To help you with your decision, we’ve compiled a list … [Read more...] about Best 15-Year Mortgage Rates for 2022

- A + A BENGALURU (May 19): The Philippine peso firmed on Thursday after its central bank raised rates for the first time in more than three years, while Asian shares tumbled on concerns around surging inflation, its impact on retail demand, and the threat of a recession. Stocks in Manila fell 1%, while the Philippine peso edged up 0.2%. The Philippine central bank raised its benchmark interest rate by 25 basis points, as expected, to address rising inflationary pressures. "With the recovery in hand and price pressures surging, Bangko Sentral ng Pilipinas (BSP) finally decided to join the rate-hike club... The bigger development was the quick walk-back of pandemic support with BSP closing the provisional advance and tweaking the bond purchase window," said Nicholas Antonio Mapa, senior economist at ING. Equities in the region also tracked weakness on Wall Street overnight as retail giant Target Corp warning of a bigger margin hit due to rising fuel and freight … [Read more...] about Philippine peso firms after rate hike, Asian stocks fall on growth fears

What is the "piruruhon" technique? Are you familiar with Sarawak’s ngajat dances? Did you know about British/American filmmakers Martin and Osa Johnson Film Archive with 1930s footage from Borneo? How about learning woodcut printmaking from Sabah-based art collective Pangrok Sulap? The inaugural Borneo Native Festival (BNF), which takes place at KL's Central Market on May 20-22, presents three-days of cultural exhibitions, artisanal crafts, music, food demonstrations, dance competitions, talks, workshops, and film screenings by talents from Sabah and Sarawak in conjunction with Kaamatan and Gawai. The BNF’s hybrid programme will take on a mainly on-site format at Central Market. Not to worry if you cannot make it. Online activities include Krafkita, a virtual craft campaign and Kamek Bah Ni, a virtual programme that aims to educate viewers about Bornean culture. These will be posted on TikTok. Organised by non-profit organisation Sukaseni , the BNF is supported by the … [Read more...] about Borneo Native Fest rolls out Kaamatan, Gawai celebrations at KL’s Central Market

INQUIRER.net Stock Photo A great-grandmother has just proven once again that people can overcome challenges – such as age – when they set their sights on their goals and get the proper support. At 78 years old, Vivian Cunningham was able to earn her undergraduate degree in liberal studies at Samford University in Alabama, USA, as per NBC’s Today on May 12. “If I could have done cartwheels across the stage, I would have,” Cunningham was quoted as saying. Cunningham, who stressed that she “really [loves] learning,” graduated while being a mother of two, a grandmother of three and a great-grandmother of three. She spent six years at the university to earn her diploma, according to the report. Before earning the said undergraduate degree, however, Cunningham had already gotten an associate degree in paralegal studies after she retired back in 1992. Cunningham worked as a custodian for 29 years and then as the head of the mailroom for the Alabama Power Company before retiring. … [Read more...] about 78-year-old great-grandmother earns undergraduate degree

- A + A HONG KONG (May 19): Hong Kong new listings' volume plunged 90% to a nine-year low this year, data showed, as China's sharp economic slowdown and its regulatory drive cast a long shadow over the city's prospects as a destination for initial public offerings (IPOs). The drying up of share listings in Hong Kong bodes ill for investment banks, who make about a third of their revenue in the region from equity capital market deals, and for the Chinese-ruled territory's status as a global financial hub. Only US$2.1 billion has been raised this year via IPOs and secondary listings in Asia's most popular fundraising venue compared with US$20.7 billion by the same time last year, according to Refinitiv data, the slowest start to a year since 2013. "One of the reasons for the IPO market in Hong Kong falling so sharply is the deteriorating financial performance for most of the applicants in the previous financial year, and it is possible that will be the case for the … [Read more...] about Hong Kong new listings’ volume sinks to nine-year low on China slowdown

Wan Razly as seen speaking at a press conference in conjunction with the official collaboration of AFFIN x MYTHEO on Thursday (May 19). (Photo by Kenny Yap/The Edge) - A + A KUALA LUMPUR (May 19): Affin Bank Bhd expects its loan growth to expand to 12% compared with 11% last year amidst a challenging economic and operating environment, according to the banking group’s president and chief executive officer Datuk Wan Razly Abdullah Wan Ali. Speaking at a Thursday (May 19) press conference in conjunction with the official collaboration of AFFIN x MYTHEO, Wan Razly said the bank had recorded good loan growth for the first quarter. However, he does not rule out the loan growth tapering off as things will become more expensive for borrowers and they would want to borrow less as they try to minimise their cost with the anticipation of overnight policy rate (OPR) hikes. “For us, we always look for ways to optimise our net interest margin (NIM) with the biggest … [Read more...] about Affin Bank optimistic on loan growth despite its expectation for another potential OPR hike this year

A super slide for stocks, bonds, and cryptocurrencies rolled all the way into last week, right up until Friday, when the Nasdaq posted its strongest one-day gain since November of 2020. Despite Friday's gains, the major averages posted losses for the week, with the Dow closing down more than 2% and posting its first seven-week losing streak since 2001. The S&P 500 fell 2.5% and hit its longest weekly losing streak since 2011, while the Nasdaq fell 2.8%. It's been a rough, rough year across capital markets. A full $35 trillion in global market value has been erased since the beginning of the year. That's 14% of all global wealth, including a trillion dollars of losses in cryptocurrencies. To put those losses in perspective, 2008 saw a 19% decline in global market value, and that doesn't include non-financial assets such as housing. Still, perspective is everything, especially for investors who have been invested in the U.S. stock market for at least five years. Believe it or not, … [Read more...] about Keeping it Real with Real Vision’s Raoul Pal

Examples of Art Deco architecture in Mumbai include the Chhatrapati Shivaji Terminus, Eros Cinema, the Bombay High Court, the Gateway of India and at least 35 buildings along Marine Drive. (Image: Md Mahdi via Unsplash) Mumbai is a city of dreams and shocking realities. And in-between Bollywood bling and bumper-to-bumper traffic are oodles of art, heritage, culture, mystery and sumptuous food. The best way to get to know Mumbai is to get out and explore. Luckily, we have some experts who can shine a light and show us the city as we have never seen it before. Here some of the best offbeat tours of Mumbai: Grisly Girgaon walk by Khaki Tours Dare to venture into the haunted lanes of Mumbai and become a ghost buster? Then join this walking tour around Girgaon in south Mumbai. Organised by Khaki Tours, the 2-hour walk takes participants on a exploration of the old buildings and graveyards which come alive through the stories associated with them. “My maternal side of the … [Read more...] about India heritage tours | Unusual things to do in Mumbai

- A + A LONDON (May 19): Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting. Bond markets rallied in the dive for safety and on bets that interest rate rises may get recalibrated, but it was the gloom striking down equities after Wednesday's US$25 billion wipeout in US retailer Target's shares that dominated the action. Europe opened down 1.8%, led by a 2.2% fall in its retail sector, while scarlet red US futures and some sharp overnight drops in China tech firms put 1½-year lows back in focus for MSCI all-country world. "Target and Walmart coming out with disappointing numbers has really, really spooked people," said Close Brothers Asset Management's Chief Investment Officer Robert Alster. "We are going to see a raft of downgrades to US GDP (forecasts) now... it really looks like we are running into … [Read more...] about Shares slump as retailer warnings fuel stagflation fears