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interest rates

Blackstone to buy Home Partners of America in $6bn deal
Business & Finance

Blackstone to buy Home Partners of America in $6bn deal

  • The US housing sector has become red hot, boosted by a strong economic recovery, ultra-low interest rates and continued demand for bigger homes from people working remotely due to the pandemic.
  • The fundamental premise of the Home Partners platform is to provide residents with the opportunity to live in their chosen home with the option to purchase it.
Published 22 Jun, 2021 07:06pm
Stocks climb looking ahead to Fed meet
Markets

Stocks climb looking ahead to Fed meet

  • London investors brushed off the expected announcement Monday from the UK government that it will delay the lifting of its remaining lockdown restrictions.
Published 14 Jun, 2021 03:44pm
Kenya central bank holds rates for eighth time in a row
Business & Finance

Kenya central bank holds rates for eighth time in a row

  • The decision is the eighth consecutive hold by policymakers and it was in line with the consensus forecast in a Reuters poll of nine economists and market participants.
  • The rate of inflation stood at 5.8% in April, well within the government's preferred band of 2.5%-7.5%.
Published 26 May, 2021 08:26pm