Ex-Charger Antonio Gates sells Encino mansion at a loss

Ex-Charger Antonio Gates sells Encino mansion at a loss

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Former Chargers tight end Antonio Gates and his wife, reality television personality Sasha Gates, have sold their modern mansion in Encino for $6.5 million. The couple bought the property two years ago for $6.995 million, the Los Angeles Times previously reported. The multilevel house, built in 2016, was updated during the Gateses’ ownership and features […]

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US stocks close out decade with 188% gain

US stocks close out decade with 188% gain

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US stocks are wrapping up one of their best years on record in 2019, rounding out a decade-long rally that began in the embers of the financial crisis, writes Richard Henderson. With markets close to flat in New Year’s Eve trading, the S&P 500 index of US blue-chips has gained 28 per cent, its best […]

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Fed curbs repo volatility on final day of 2019

Fed curbs repo volatility on final day of 2019

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The Federal Reserve succeeded in keeping a lid on short-term borrowing costs on the final day of the year, injecting billions of dollars into the market to ease a possible cash crunch. The cost of borrowing cash overnight in the repo market, where investors exchange high-quality collateral like Treasuries for funding, rose to 1.88 per […]

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Hong Kong stocks cap off gloomy 2019 with December rally

Hong Kong stocks cap off gloomy 2019 with December rally

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Hong Kong’s stock market turned in a world-beating performance in December as the Asia finance hub capped off a year marred by its worst political crisis in decades and an economy mired in recession.  The city’s benchmark Hang Seng Index rose more than 7 per cent for the month, the largest gain for any of the […]

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Hong Kong cleans up after latest violence ahead of Oct 1 anniversary

Greece says eight abducted as tanker stormed off Cameroon By Reuters

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Greece says eight abducted as tanker stormed off Cameroon ATHENS (Reuters) – Eight people were abducted and one person injured during an armed raid overnight on a Greek-registered tanker anchored off Cameroon, Greek authorities said on Tuesday. Greece’s shipping ministry said the ‘Happy Lady’ tanker was two nautical miles off the port of Limboh in […]

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