Join our Telegram channel to stay up to date on news coverage Fundamentals of the global economy Despite the emergence of new problems, the economy is still recovering from the COVID-19 outbreak. Now that inflation is out of control, central banks are trying to solve the problem by raising interestRead More →
Comment this story Comment With all the battery technologies springing up like mushrooms, it’s not easy to pick the winners. However, the latest bold bet on the next new powerpack seems to have gone awry. The world’s largest battery maker, Contemporary Amperex Technology Co., or CATL, unveiled the sodium-ion powerRead More →
STEVE KARNOWSKI and STANLEY CHOE Associated Press ST. PAUL, Minn. — The political fight is getting fiercer over whether it’s financially wise or “woke” to consider a company’s impact on climate change, workers’ rights and other issues when making investments. Republicans from North Dakota to Texas are stepping up theirRead More →
Conoco Phillips (NYSE:COP) swimming in money these days. The oil and gas producer generated $7.2 billion in operating cash in the third quarter, bringing its 2022 total to more than $22 billion. This gives it a huge windfall to allocate to creating shareholder value. The company recently provided details onRead More →
Cairo Amman Bank secured a $10 million loan with the aim of promoting climate investment in Jordan and providing loans to small and medium-sized enterprises that invest in technologies that help reduce the impact of climate change and adapt to it. The loan, totaling $10 million, including $7.5 million fromRead More →
If you are aware of any local business openings or closings, please let us know here. PREVIOUS OPENING AND CLOSING – Air Products & Chemicals Inc. plans to invest half a billion dollars to produce environmentally friendly hydrogen in New York State. – The Trexlertown Chick-Fil-A plans to add aRead More →
Whereas Oceanus Group Limited (SGX: 579) shareholders are likely generally happy, the stock hasn’t done particularly well recently, with the stock price falling 29% in the last quarter. On the other hand, the three-year return is impressive. Indeed, the share price is up 200% very sharply during this period. ForRead More →
This is an opinion piece by Mike Ermolaev, PR and Content Manager at Kikimora Labs. Setting the Context: Fundamentals of the Global Economy The economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a period of runaway inflation and central banks are tryingRead More →
Patria Investments Limited (NYSE:PAX – Get Rating) declared a quarterly dividend on Friday, November 4, reports The Wall Street Journal. Investors of record on Tuesday, November 15 will receive a dividend of 0.171 per share on Wednesday, December 7. This represents a dividend of $0.68 on an annualized basis andRead More →
RADNOR, Pa., Nov. 05, 2022 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) advises investors that a class action securities lawsuit has been filed in the United States District Court for the Central District of California against Fulgent Genetics, Inc. (“Fulgent”) (Read More →
Casper, WY, USA, November 5, 2022 – The US Department of Labor recently reported that the country’s consumer price index (CPI) rose 8.2% in 12 months. On a month-to-month basis, the CPI rose 0.4% in September 2022. This is far more than what experts had expected and the highest inflationRead More →
To get an idea of who really controls Logitech International SA (VTX: CONNECTION), it is important to understand the ownership structure of the business. And the group that holds the biggest slice of the pie are individual investors with 52% ownership. That is, the group will benefit the most ifRead More →
Karnataka has signed Memoranda of Understanding (MoU) for investments worth almost ₹10 lakh crore, during the three-day Global Investors Meeting (GIM) – “Invest Karnataka 2022”, which ended here on Friday. More ₹2 lakh crore of these investment proposals would be in the green energy sector. “The investments (proposals) have exceededRead More →
Pan Asia Data Holdings Inc. (Hong Kong: 1561) shareholders should be happy to see the stock price rise 11% last week. Meanwhile during the last Three years the stock fell hard. During this period, the stock price fell by 60%. Some might say the recent rebound is to be expectedRead More →
The oil industry must increase its investment in capacity and new production so that the oil market can avoid high volatility in the future, OPEC Secretary General Haitham Al Ghais said this week. Al Ghais stressed the importance of increasing investments in the oil sector in an exclusive interview withRead More →
THIS fall, I have been placing increasing importance on the fact that Asia is rebounding strongly towards higher economic growth rates. For the global economy as a whole, there is no prospect of a Goldilocks situation, but it rarely does. Europe, in particular, is facing a recession, but I considerRead More →
Chronic fiscal and current account imbalances had emerged long before the Covid-19 pandemic, already severely hampering the ability of national authorities to respond to unexpected shocks. Countercyclical fiscal measures in response to Covid-19 then led to the accumulation of even higher levels of public debt. Even though all countries areRead More →
If we want to find a potential multi-bagger, there are often underlying trends that can provide clues. First, we’ll want to see proof come back on capital employed (ROCE) which is increasing, and on the other hand, a base capital employed. Basically, this means that a business has profitable initiativesRead More →
This year, Innova Solutions, a leader in the manufacture of high-strength adhesive tapes and durable adhesives, turned 20 years old. The Lancashire business, founded by Glenn Dunleavey and Spencer Kelly in Trawden in 2002, marks two decades in business by setting an ambitious target to become a £10million turnover operationRead More →
Investing in gold can bring stability and diversification to an investment portfolio, especially during turbulent economic times. Gold is perceived as a “safe haven”, offering investors the possibility of preserving their wealth. It provided a good hedge against inflation headwinds. Indeed, in theory, increased demand during periods of inflation –Read More →
Fidelity Crypto opened a early access waiting list for retail investors who want to trade bitcoin BTCUSD, +0.30% and ethereum ETHE, +1.04%. Fidelity Digital Assets Already Allows Institutional Clients to Invest in Crypto and a Wall Street Journal report in September, the financial services giant plans to let individual brokerageRead More →
Cairo: Informa Markets Egypt, the leading company in the field of international fairs and exhibitions, reveals the most outstanding highlights of the 11th Cityscape Egypt Conference, held in September 2022. The conference brought together businessmen business leaders, real estate development companies, government officials, media representatives and industry experts. Eng. FathallahRead More →
With a price/earnings ratio (or “P/E”) of 5.9x Bintulu Port Holdings Berhad (KLSE: BIPORT) can send very bullish signals at the moment, given that almost half of all companies in Malaysia have P/E ratios above 14x and even P/E above 25x is not unusual. Nevertheless, we would need to digRead More →
Fannie Mae Headquarters. PHOTO/KAREN BLEIER (Photo credit should read KAREN BLEIER/AFP via Getty … [+] Pictures) AFP via Getty Images As the Federal Reserve (Fed) hikes interest rates and the shadow of recession grows longer, worries about financial vulnerabilities naturally increase. Declines in the value of stocks and bonds areRead More →
Wall Street’s top regulator is seeking to change the way stock and bond mutual funds set their daily prices to avoid buying and holding investors having to bear the cost of inflows or quick exits, a move that would increase asset manager spending. Gary Gensler, chairman of the U.S. SecuritiesRead More →
Gulf Islamic Investments (GII), a leading Shariah-compliant investment management company headquartered in the United Arab Emirates, has acquired two German aged care facilities in its latest acquisitions through the European Fund for the Elderly of 500 million euros ($498.2 million). The fund, which was created as a joint venture withRead More →
(Adds agreement details, context) Nov 2 (Reuters) – Rio Tinto said on Wednesday that two key investors in Turquoise Hill Resources had agreed to abstain from voting at a meeting to decide on the global miner’s $3.3 billion bid for the Canadian society. Pentwater, Turquoise’s second largest shareholder, and SailingStoneRead More →
ST PETER PORT, Guernsey–(BUSINESS WIRE)–Nov 1, 2022– Eric Sturdza Investments, an independent asset management firm that offers actively managed strategies to institutional and wholesale clients, has partnered with Boston-based Crawford Fund Management to launch the Strategic Long Short Fund. This press release is multimedia. View the full press release here:Read More →
Singapore-based cryptocurrency exchange Tokenize Xchange said it has set up a separate platform – Tokenize Premier – for institutional investors, including hedge funds and high net worth individuals, to meet demand. and grow its customer base. Tokenize Premier went live on November 1 and will support options, derivatives, futures andRead More →
MEITAV DASH INVESTMENTS LTD recently filed its 13F report for the third quarter of 2022, which ended on 2022-09-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containingRead More →
The US Constitution gives Congress the power to create a patent system to “promote the progress of science and useful arts”. Sometimes the patent system achieves this goal. But far too often, third-party patent litigation funding funds patent litigation that exists to generate significant returns for investors, not to rewardRead More →
According to a major report by Make UK and enterprise software specialists Infor. But, with four in five manufacturing companies now planning to increase their digital investments over the next two years, there are growing concerns that a skills shortage is hampering the drive to work smarter and greener. InRead More →
October 30, 2022 by SchiffGold 0 0 Most people have a sense of history that goes back about two weeks. This is especially true in the world of investing and finance. As a result, people find it difficult to see the big picture. For example, many people believe that theRead More →
Photo: Shutterstock Financial market volatility is likely to continue for some time to come, according to one of the contributors to Room151’s latest Monthly Online Treasury Briefing (MOTB). Cameron Shaw, senior portfolio manager at Ardea Investment Management, said the “one-in-a-hundred-year event” in the gilt market following the UK mini-budget isRead More →
It seems most ETF investors aren’t taking advantage of the technology despite this year’s painful losses. The widespread ARK Innovation ETFs and the SPDR Fund for the Technology Sectordown 59% and 25% respectively this year, show no significant outflows so far this year. Anna Paglia of Invesco lists one reason:Read More →
UAE, Dubai: The UAE Capital Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Markets Association (ICMA) to enhance their cooperation and mutual membership, as well as to exchange skills and information on regulatory developments and international best practices in the financial market sector. Under theRead More →
Although profit and loss is not generally considered a consideration for central banks, the financial shortfall that the Bank of Uganda (BoU) has suffered in the bond market has resulted in paper losses on various holdings. The BoU derives most of its income from investing most of Uganda’s foreign exchangeRead More →
Verena Ross struggles to put her finger on the most difficult period of an almost 30-year regulatory career that began in the UK before taking her to continental Europe as executive director of the new markets regulator of the EU in 2011, and its President in 2021. Was it itsRead More →
Image source: Getty Images If you’re looking for an easy way to invest your hard-earned money, then exchange-traded funds (AND F) might be worth considering. Indeed, ETFs allow you to invest in a large number of stocks through a single investment. If that sounds appealing to you, you might wantRead More →
Hub71 is launching a new capital club to encourage more family offices to participate in the Abu Dhabi International Financial Center Abu Dhabi Global Market (ADGM). The ecosystem is new Tech Barza The platform seeks to connect family office capital to its tech community of nearly 200 startups. Membership ofRead More →
Breadcrumb Links PMN Company The global buyout frenzy appears to be coming to an end, and investors are unlikely to mourn the end of the record buyout rush. Author of the article: Bloomberg News Michael Msika, Elena Popina and Jan-Patrick Barnert l2cc6jq9z]bk773ss94bq]x1_media_dl_1.png Bloomberg RSS Feed Content of the article (Bloomberg)Read More →
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UK financial markets have been on a frantic run over the past two months. Photo/Getty Images COMMENT: Politics has not been the main driver of financial markets in 2022. That mantle still falls on runaway inflation and rising interest rates. However, we shouldn’t underestimate how much all of the UKRead More →
SAN DIEGO, October 28, 2022 /PRNewswire/ — Robbins Geller Rudmann & Dowd LLP announces that buyers or acquirers of US Bancorp (NYSE: USB) securities enter August 1, 2019 and July 28, 2022inclusively (the “Class Period”) have until December 27, 2022 to seek appointment as lead applicant in the American bankRead More →
Most financial crises have a lot in common. They tend to start in the banking sector and involve excessive borrowing, as well as an asset bubble, usually related to real estate. The 2008 global crisis was no different, with the asset bubble focusing on US real estate. But my toRead More →
Open the audio article player By Personal | on October 28, 2022 In late October, Minnesota Governor Tim Walz and Minnesota Department of Jobs and Economic Development Commissioner Steve Grove announced nearly $100 million in new funding to support small businesses through the State Small Business Credit. StateRead More →
The Securities and Exchange Commission is trying to make sure advisors and investors have a little more time for quality reading. Although the average length of shareholder reports filed with the SEC in 2020 was 134 pages, Commissioner Caroline Crenshaw said Oct. 26, some stretched to well over 1,000. That’sRead More →
Lawrence Fernandez Restoration, Development and Investment Company Begins Deploying Capital from Fund I Atlanta, Georgia (RestaurantNews.com) After a year of fundraising, restaurant investment and development group Full course made investments with its first $20 million fund – Atlanta-based food brands NaanStop and Friper’s Meats+Goods. Founder and CEO Lauren Fernandez developedRead More →
America’s first multi-family investors (NASDAQ:ATAX – Get a rating) will release its earnings data after the market closes on Thursday, November 3. Analysts expect America First Multifamily Investors to post earnings of $0.61 per share for the quarter. Those interested in participating in the company’s earnings conference call can doRead More →
Photo: KBS News Anchor: A liquidity crunch rocks the South Korean bond market following a contractor defaulting on about $140 million in project financing for an amusement park in the province from Gangwon. In a bid to stabilize the bond market, Gangwon Province has already reversed its controversial decision notRead More →
DUBAI – The United Arab Emirates Capital Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Markets Association (ICMA) to enhance their cooperation and mutual membership, as well as to exchange expertise and information on regulatory developments and international best practices in the field. financial marketsRead More →
The National Oceanic and Atmospheric Administration is allocating $15.2 million this year for new research on climate-related topics, as the government aims to help American communities become more resilient to extreme weather events. Sixty-three projects involving Universities, research institutes and public agencies in the United States, Puerto Rico and theRead More →
As money market mutual fund yields climb to their highest rates in more than a decade, some investors are flocking to the asset class. One element of the money market fund mix is seeing the strongest growth in decades this year – retail money market fund inflows reached $122.1 billionRead More →
DUBAI, 26th October, 2022 (WAM) — The UAE Capital Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Markets Association (ICMA) to enhance their cooperation and mutual membership, as well as to exchange expertise and information on regulatory developments and international best practices in the financialRead More →
The next 6 months will be tough for the global economy but the Gulf will remain strong, says Saudi finance minister RIYADH: The world will face a very difficult period in six months, as economic challenges such as high interest rates and inflation persist in almost all countries, Saudi FinanceRead More →
Unfavorable financial markets in China and the strong impact of inflation in the UK and Turkey affect Ageas’ net result in the third quarter of 2022. Dividend commitment maintained. On 10 August 2022, while commenting on the performance for the first half of 2022, Ageas confirmed its guidance of EURRead More →
Helbiz’s deal to buy Wheels has officially closed, and with it some promises from the shared micromobility operator to its investors that the tie-up will double its annual revenue and help it achieve profitability. Helbiz is not the only shared micromobility operator struggling to achieve profitability. This is a situationRead More →
We live in a time of global chaos. Families all over the world are cold and vulnerable to illness due to the energy crisis. More than 61 million children around the world also lack access to basic education. Some cryptocurrencies take the right steps to address these issues. In recentRead More →
FCA to probe ‘big tech’ entry into financial markets He said the presence of big tech in UK financial markets has steadily increased, with the potential to grow further and change markets quickly. To kick off the discussion, the FCA has released an analysis focusing on the potential competitive impactsRead More →
Stock futures fell on Tuesday as investors expected big tech profits to get new clues about the health of the U.S. economy. Futures contracts linked to the Dow Jones Industrial Average slid 130 points, or 0.4%. S&P 500 and Nasdaq 100 futures fell 0.4% and 0.2% respectively. Shares of AmazonRead More →
How does the RBI go about making important choices in the financial system. Needless to say, the Indian financial system has undergone huge changes over the past 30 years since liberalisation. At one time, the Indian financial system consisted entirely of public sector banks and a handful of development financeRead More →
Shrinking energy supplies in Europe have forced once-profitable paper mills to face whole new profit-and-loss calculations, according to the president of the paper division of the Brussels-based Bureau of International Recycling (BIR). Speaking at the paper division meeting at the BIR Autumn Round-Tables event, held in Dubai, United Arab EmiratesRead More →
INDEPENDENT INVESTORS INC. recently filed its 13F report for the third quarter of 2022, which ended on 2022-09-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containing onlyRead More →
(Bloomberg) – Treasury Secretary Janet Yellen has warned that tensions in the global economy and markets could disrupt a U.S. financial system that has so far proven resilient to such shocks. Bloomberg’s Most Read The world faces a “dangerous and unstable environment” for the global economy, including soaring energy pricesRead More →
Mike Ashley’s Frasers Group retail empire has increased its investments in fashion companies Hugo Boss and Asos. The retail vehicle, which owns Sports Direct and House of Fraser, said on Monday it now has a 5.1% stake in online fashion retailer Asos. Mr Ashley’s business is now the fourth largestRead More →
Breadcrumb Links PMN Company Bitcoin will trade between $17,600 and $25,000 until the end of this year, according to a survey of market participants. Author of the article: Bloomberg News Emily Nicolle and Vildana Hajric A participant near logos of different cryptocurrencies at the CryptoCompare Digital Asset Summit at OldRead More →
The latest developments in the ESG space. M&G Investments has published the third edition of The calculation of the SDGs report this week, showing the world is on track to achieve just seven of the 17 SDGs, despite acknowledging the impact of the pandemic, high inflation rates and geopolitical tensionsRead More →
Labor leader Sir Keir Starmer (Stefan Rousseau/PA) (PA Wire) Sir Keir Starmer has warned markets are spooked by ‘chaos’ in Westminster as reports suggest the Chancellor is considering up to £20billion in tax hikes in the much-anticipated Halloween budget. The Labor leader also urged disillusioned Tory MPs to put theRead More →
We find it easy to spend time on complex things. It’s not surprising. Complex is exciting and simple is boring, especially when it comes to finances. You’re more likely to spend hours researching the best mutual fund than spending 10 minutes buying a term insurance plan. Thus, it is notRead More →
Latest data from GuruFocus shows CFO Megan Faust sold 6,000 shares of Amkor Technology Inc (AMKR) on 2022-10-21. Investors may be concerned when an insider sells shares. This could be a sign that insiders are turning bearish on their own company’s stock. Insiders have a unique advantage in determining theRead More →
NEW YORK, Oct. 22, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in Tattooed Chef, Inc. (“Tattooed Chef” or the “Company”) (NASDAQ:TTCF). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529 ext. 7980. The investigation focuses on whether Tattooed Chef andRead More →
Sustainable energy company and automaker EV Tesla released its third-quarter earnings report on Wednesday, revealing $218 million in Bitcoin exposure. The previous earnings report listed just over $220 million in crypto assets under his name. The current figure therefore shows that the company has not made any adjustments to itsRead More →
Cross Staff Investments Inc recently filed its 13F report for the third quarter of 2022, which ended on 2022-09-30. The 13F report details the stocks that were in a guru’s stock portfolio at the end of the quarter, although investors should note that these filings are limited in scope, containingRead More →
The battle to be the next Tory leader and therefore the next Prime Minister is set to be big city news in the coming week, amid the recent effect of Westminster politics on the pound and government bonds – although not everyone thinks so. Ahead of Friday’s deadline in thisRead More →
Global growth is slowing as the fallout from Russia’s invasion of Ukraine continues to be felt and major central banks respond to high inflation. A slowdown in China, now the world’s second largest economy, is only exacerbating this situation. One country that has so far been much more resilient isRead More →
Comment this story Comment The astonishing political disappearance of British Prime Minister Liz Truss shows what can happen when ambitious plans collide with a new financial market reality that puts the fight against inflation above all else. Truss resigned Thursday after just 45 days in office, a victim of marketRead More →
Financial advisers are increasingly turning to alternative investments and private fund options as stocks and bonds have taken a beating in recent months. Many, however, aren’t entirely satisfied with the options available, according to a recent survey. Sixty-seven percent of the 400 financial advisors interrogates by fintech firm Broadridge FinancialRead More →
Financial market chaos wipes out billions of savings managed by some of the UK’s biggest investment firms By Lucy White for the Daily Mail Published: 5:13 p.m. EDT, October 20, 2022 | Updated: 5:13 p.m. EDT, October 20, 2022 The financial market chaos has wiped out billions of savings managedRead More →
Start slideshow Over the next two decades, the largest wealth transfer in the story should take place. According to UBS, in the United States alone, $84 trillion should be passed on to younger generations. In a survey of 4,500 wealthy investors across 14 markets, respondents said they wanted to minimizeRead More →
“The best way to measure your investment success is not if you beat the market, but if you have a financial plan and behavioral discipline in place that can get you where you want to go,” said Benjamin Graham, the pioneer and renowned author of The Intelligent Investor. The twoRead More →
The Sixth Annual Financial Markets Conference is being held on Wednesday, November 2, 2022 with the theme “Impact of the Monetary Policy Framework and Liquid Market on the Economy”. The event is sponsored by Ecobank, FBNQuest, GTBank and Parthian Partners. In a statement, Acting Executive Secretary Ms. Mary Gbegbaje notedRead More →