Word: higher
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Dates: during 2010-2019
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Bidding went ballistic at a Sotheby's art sale in Hong Kong just over a year ago. A little-known Filipino artist named Ronald Ventura sold a striking, surrealist-inspired painting entitled Nesting Ground for $280,000, 20 times higher than its presale estimate. The emergence of a new trend in Asian art cannot be inferred from a single sale, but works from other contemporary Philippine artists such as Geraldine Javier, Winner Jumalon and Benedicto Cabrera are being sold with increasing frequency and success at auctions and galleries in Hong Kong, Singapore, London and New York City. Mok Kim Chuan...
Last year, in the midst of the financial crisis, Harvard sold $2.5 billion worth of bonds at a higher yield and received scrutiny for issuing debt during an unfavorable financial climate. A Forbes cover story suggested that Harvard was at a disadvantage in the bond market because it acted in a “cash-raising panic...
...matter of putting two runs together and we went out there, but we were not able to stay on our feet,” junior Brad Alvarez said. “Hopefully next week we can come out and stay on our feet so we can place a little higher...
China, contending with a huge trade surplus with the U.S., bought more and more Treasury bonds, pushing down yields and making Treasuries less attractive to other foreign investors. As a result, the rising demand for higher yielding U.S. debt opened the door for Wall Street investment bankers to spin out new classes of fixed-income securities, most notably collateralized debt obligations or CDOs. Much of the money raised by those investments was funneled in the mortgage market. That gave lenders the ability to make more loans, allowing more people to buy houses and push up real estate prices. Many...
...been sorely tested during this month's Arctic blast, not so much because of the plummeting nighttime temps but because of how long they're lasting this year - almost two continuous weeks so far. And that has Florida farmers as well as American consumers fretful about lower harvests and higher prices for everything from orange juice to strawberries in the coming year...