Author: Press Room

Many asset managers have been caught off guard by the unpredictability of continuing global market ructions — some are battening down the hatches, while others sense opportunity. Plus: China fails to stem bond outflows as property woes persist Source: Financial Times

China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering. But Hong Kong’s Hang Seng (HSI) Index, a key gauge of overseas investor sentiment on China, tumbled at Monday’s open and headed for its biggest losses in more than seven months. China’s economy grew 3.9% in the third quarter from a year ago, beating market expectations, the National Bureau of Statistics announced on Monday. Previously, a Reuters poll of economists had expected growth of 3.4%. The data were initially…

Minnesota Attorney General Keith Ellison is under fire for claiming he doesn’t know anyone who supports defunding the police despite appearing at a campaign event for Rep. Ilhan Omar, D-Minn., just days before.”I don’t know anybody who thinks we should defund the police,” Ellison said during a debate on Sunday.But critics were quick to point out that Ellison knew at least two people who supported the Defund the Police movement, with the Republican National Committee pointing out that the incumbent attorney general had attended a rally in support of Omar and Rep. Cori Bush, D–Mo., both of whom have expressed…

Villagers claimed they previously campaigned for a real speed camera to be installed along the 30mph zone, after a string of near-misses, pets being killed, and even damage to homesAn unusual knitted speed camera has cropped up in a tiny Cornish village, after locals grow tired of campaigning for real speed traps. Residents in Trewoon, which is just outside St Austell in Cornwall, took matters into their own hands after years of complaining about selfish, speedy drivers. A DIY fake speed camera was suddenly spotted alongside the busy A3058, to the delight of fellow locals. It includes a box planted…

Sydney has broken its October rainfall record with the previous record set in 1987 – at a monthly total of 285 millimetres.It marks the fourth month this year that Sydney has broken its monthly record in what is already the city’s wettest year.With more wet weather on the way, meteorologists at Sky News Weather are predicting Sydney’s eventual rainfall total for 2022 could surpass the previous record by roughly 500 millimetres. Source: Sky News

Out of the mouths of babes. Kody Brown and Christine Brown’s youngest daughter, Truely, didn’t hold back when speaking about her parents’ split on the latest episode of Sister Wives. “So, the first day when I found out, I was extremely upset. I’m fine now,” Truely, who was 11 when the couple called it quits, told her mom, 50, during the Sunday, October 23, episode of the TLC series. “I kind of noticed the signs earlier that you weren’t as happy. But you didn’t really show it that much. It was a bit of a heartbreak at first but I’m…

Banks have withdrawn 60 per cent of mortgages for borrowers with small deposits since the start of the year, making it harder for first-time buyers to get a foot on the property ladder.A number of lenders have either pulled home loans or have yet to return with their 95 per cent loan-to-value products following former chancellor Kwasi Kwarteng’s “mini” Budget on September 23, according to data from consumer site Moneyfacts.The sell-off in UK government bonds in the wake of the chancellor’s statement pushed up the cost of fixed-rate mortgages, with most banks withdrawing products for new customers across a range…

Filip Chytil went straight to the locker room, where he remained for the rest of the Rangers’ 5-1 loss to the Blue Jackets on Sunday, after taking an elbow to the head from Columbus forward Cole Sillinger early in the first period. Following the hit, which came from behind, the 23-year-old was slow to get back on his skates. The Rangers classified it as an upper-body injury, but it’s safe to say it is a head injury of some sort. That forced Gerard Gallant to rotate his remaining three centers for the rest of the game. “He’s day-to-day,” the Rangers…

Nestor Cortes left the New York Yankees’ do-or-die Game 4 with an injury in the third inning on Sunday.Cortes was looked at by a trainer during his at bat against Jose Altuve, but he stayed in the game. However, when the next batter, Jeremy Peña, hit a three-run home run to tie the game, a trainer looked at home again and took him out. Cortes’ average fastball velocity was down almost three mph in the third inning as compared to the first and second.Cortes had been the Yankees’ most consistent arm of the season. During the regular season, his 2.44…

CNN  —  Russia’s defense minister accused Ukrainians of planning to use a so-called dirty bomb – a claim that was strongly refuted by US officials on Sunday as a Russian false flag operation. The allegation from Russian defense minister Sergei Shoigu came during a phone call with US Defense Secretary Lloyd Austin on Sunday, the second call in three days between the two top officials. The Russian Ministry of Defense said the two discussed the situation in Ukraine but did not provide further details. It was Shoigu who initiated the phone call to Austin, according to a senior US administration…