MANILA (Reuters) – The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and liquidity. The start of IRS transactions follows the recognition by the International Swaps and Derivatives Association of the benchmark – the overnight reference rate (ORR) – which the Bankers Association of the Philippines helped establish. IRS, a fixture of developed fixed-income markets, lets parties manage rate risk or bet on the direction of borrowing costs by exchanging fixed and floating interest rate streams. The ORR, to be based on…
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Spotting unexpected puddles beneath your car can be alarming, but addressing the issue promptly can help you avoid significant damage. This detailed guide will help you identify seven common fluids that may leak from your vehicle and provide practical advice on handling them. Recognizing what’s leaking could make the difference between a minor repair and an expensive fix. 1. Engine Oil If you notice brown or black spots under your car, this could indicate an engine oil leak. Often referred to as the lifeblood of your vehicle, engine oil serves to lubricate the engine’s moving parts, reduce friction, minimize wear,…
When you’re feeling unwell, you typically visit a doctor for an examination and a prescription to help you recover. Similarly, when your car is “feeling under the weather,” it will show signs of trouble. One of the most common indicators of engine issues is exhaust smoke. The colour of the smoke coming from your car’s exhaust can tell you a lot about its health. When your car is running smoothly, exhaust emissions should be nearly invisible. If you can see smoke, it likely points to a significant problem that will require the attention of an experienced auto technician. While exhaust…
Image source: Getty Images UK stocks have had a bumpy run with the FTSE 100 falling 4.4% over the past six months. It’s still up 8.81% over one year, but why the recent reversal? As ever, there’s a host of factors at play. China is a big one. The world’s biggest economy continues to struggle despite a string of stimulus packages from Beijing. I’ve seen a direct impact on a number of FTSE shares in my self-invested personal pension (SIPP). During the boom years China consumed 60% of global metal and mineral production. That source of demand has slipped, hitting…
Gone are the days when diagnosing car problems required expensive tools or visits to a mechanic. Now, with an OBD2 scanner, you can perform crucial diagnostics right from the comfort of your garage. These devices allow you to assess battery health, detect short circuits, and more. By identifying issues early and following maintenance tips to keep your electrical system in top shape, you can avoid costly repairs down the line. In this article, we’ll go through how an OBD2 scanner can help maintain the health of your electrical system! How to Use an OBD2 Scanner to Check Battery Health Step-by-Step…
Regardless of how you drive or how many years of experience you have behind the wheel, properly maintaining your vehicle is the most effective way to ensure it stays on the road for many years. Thanks to advancements in automotive technology, today’s cars are more reliable and durable than ever before. In addition, with rising inflation, high fuel prices, and the increasing costs of new cars, it’s understandable that many drivers are holding onto their vehicles longer than before. However, high-mileage cars require extra care and attention to ensure they continue to run efficiently. To help, the team at Germain…
WASHINGTON (Reuters) -Republican U.S. Senator Markwayne Mullin called on the House of Representatives on Sunday to share an unreleased ethics report into alleged sexual misconduct involving a 17-year-old girl by Matt Gaetz, President-elect Donald Trump’s pick for attorney general. Gaetz, 42, resigned his seat in the Republican-controlled House on Wednesday, hours after Trump unveiled his choice of the lawmaker and two days before the House Ethics Committee was expected to release its report, which also looked into allegations of illegal drug use. Gaetz denies any wrongdoing. Mullin told NBC’s “Meet the Press” that the Senate, which holds the authority to…
McDonald’s investing $100 million to bring back customersThe restaurant chain says $65 million of that money will go directly to the hardest-hit franchises after the recent E. coli outbreak tied to onions on the chain’s Quarter Pounder hamburgers.November 17, 2024 Source link
AI hyperscalers like Amazon (AMZN), Alphabet (GOOG, GOOGL), and Microsoft (MSFT) are investing in nuclear energy as a clean source to power massive data centers. Yahoo Finance’s Madison Mills speaks with Tom Steyer, Co-Executive Chair of Galvanize Climate Solutions, at Yahoo Finance Invest about the rise of nuclear energy investing. Steyer expresses some cautious optimism about the outlook for the sector. “There’s a lot of optimism in that industry that in fact, over the next decade, we’ll see the commercial sale of fusion nuclear power. If that’s true, at a respectable price, that’s a game changer,” he tells Yahoo Finance.…
• Fed speakers and Nvidia earnings will be in focus this week. • Nvidia is a buy with another huge beat-and-raise quarter on deck. • Target is a sell amid declining sales, downbeat outlook expected. • Looking for more actionable trade ideas? Subscribe here for up 55% off as part of our Early Bird Black Friday sale! U.S. stocks finished lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, as a post-election rally ran out of steam and investors worried over the path of interest rates. For the week, the S&P 500…