Today: September 12, 2024
Today: September 12, 2024

investment

Asia|Business|Economy

Indonesia launches 'Golden Visa' to lure foreign investors, boost economy

Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving them a 10-year

Indonesia launches 'Golden Visa' to lure foreign investors, boost economy
Business|Finance|Technology

Nvidia supplier SK Hynix to invest $6.8 billion in South Korea chip plant

The world's second-largest maker of memory chips, SK Hynix, said on Friday it had decided to invest about 9.4 trillion won ($6.8 billion) in its first chip plant in the

Nvidia supplier SK Hynix to invest $6.8 billion in South Korea chip plant
Business|Economy|Europe

EBRD vice president says Turkey's economy programme yielding results

Turkey's economic turnaround is yielding results, EBRD Vice President Matteo Patrone told Reuters on Friday, adding that the bank aims to match

EBRD vice president says Turkey's economy programme yielding results
Economy

Marketmind: Curtain comes down on quarter to forget

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Marketmind: Curtain comes down on quarter to forget
News

Texas firm settles US charges it fraudulently took Madoff victims' money

A Texas investment firm agreed on Friday to pay $2.51 million to settle a U.S. government lawsuit accusing it of fraudulently obtaining payments from a fund

Texas firm settles US charges it fraudulently took Madoff victims' money
Business

Asset managers boost ETF assets via active fund launches, conversions

Large, established asset managers that have been slow to cash in on investor demand for exchange-traded funds are now trying to grab a slice of the market with a flurry of

Asset managers boost ETF assets via active fund launches, conversions
Economy

Foreign holdings of US Treasuries in August hit highest since December 2021 -data

Foreign holdings of U.S.

Foreign holdings of US Treasuries in August hit highest since December 2021 -data
Economy

US equity funds suffer outflows on rising bond yields, geopolitical tensions

U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond yields and escalating geopolitical tensions in the Middle East.

US equity funds suffer outflows on rising bond yields, geopolitical tensions
News

Wall Street strategist and '10 Surprises' author Byron Wien dies at 90

Byron Wien, who guided investors on what to buy and sell and authored a widely anticipated yearly list of "10 Surprises" as one of Wall Street's most

Wall Street strategist and '10 Surprises' author Byron Wien dies at 90
Business

Vietnam eyes first semiconductor plant, US officials warn of high costs

Vietnam is holding talks with chips companies with the aim of boosting investment in the country and possibly building its first chipmaking plant, or fab, two

Vietnam eyes first semiconductor plant, US officials warn of high costs
Business|Economy|News|Political|World

China Premier Li seeks to bolster his country's economic outlook at Shanghai trade fair

Seeking to generate excitement around a largely lackluster economy, Chinese Premier Li Qiang is pledging to continue deepening reforms, expand free trade zones and relax market access for foreign investment

China Premier Li seeks to bolster his country's economic outlook at Shanghai trade fair
Economy

Investment funds stocking up on US farmland in safe-haven bet

Investment funds have become voracious buyers of U.S. farmland, amassing over a million acres as they seek a hedge against inflation and aim to benefit from the growing

Investment funds stocking up on US farmland in safe-haven bet
Business

BlackRock woos investors for ethereum trust to further crypto push

Asset management giant BlackRock on Thursday began courting public investors for an ethereum trust, doubling down on its cryptocurrency bets amid potentially easing regulations over such

BlackRock woos investors for ethereum trust to further crypto push
Business

Short-seller Jim Chanos to close hedge funds - WSJ

After nearly four decades, Jim Chanos is shutting down hedge funds he manages that wager against companies he believes are overpriced or fraudulent, the Wall Street Journal reported on

Short-seller Jim Chanos to close hedge funds - WSJ
Business

Bain Capital raises $7.1 billion in 2023's largest pan-Asia PE fund

Bain Capital has completed the final close of its fifth pan-Asia private equity fund at $7.1 billion, exceeding its target by 40%, the U.S. investment firm told

Bain Capital raises $7.1 billion in 2023's largest pan-Asia PE fund
Economy

'Magnificent 7' bets drive hedge fund crowding to record high -Goldman Sachs

Hedge fund crowding has hit its highest on record, as asset managers have upped their bets on the "Magnificent 7" tech stocks that have

'Magnificent 7' bets drive hedge fund crowding to record high -Goldman Sachs
Economy

US equity funds see weekly outflows amid profit-taking, economic report caution

U.S. equity funds witnessed outflows in the week to Nov. 29, as investors booked profits after a strong rally and were cautious ahead of some key economic reports and earnings results.

US equity funds see weekly outflows amid profit-taking, economic report caution
Economy

Slowing China trend growth means better opportunities elsewhere - BlackRock Investment Institute

Slowing trend growth in China means there are better investment opportunities in emerging markets outside the world's number two economy, senior executives at BlackRock Investment

Slowing China trend growth means better opportunities elsewhere - BlackRock Investment Institute
Economy

Woodford investors label FCA-backed redress scheme grossly unfair

Britain's markets regulator is facing a backlash from retail investors in a collapsed fund once managed by former star fund manager Neil Woodford over its

Woodford investors label FCA-backed redress scheme grossly unfair
Business

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery

The U.S.

US FDA approvals bounce back in 2023, sparking hopes of a biotech recovery
Business

Hedge funds dump tech, consumer stocks at start of year, banks say

Global hedge funds last week sold tech shares for a third week running as managers chased falls in the S&P 500 index and cut exposure to big tech stocks, a Goldman

Hedge funds dump tech, consumer stocks at start of year, banks say
Business

FTX sold about $1 billion of Grayscale's bitcoin ETF since its approval - CoinDesk

FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC

FTX sold about $1 billion of Grayscale's bitcoin ETF since its approval - CoinDesk
Business

Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion

Morgan Stanley's asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds

Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion
Business

Co-founders of AllianceBernstein's Autonomous research quit ahead of SocGen venture

The three co-founders of AllianceBernstein's Autonomous research unit have quit, ahead of the U.S. investment firm merging its equities

Co-founders of AllianceBernstein's Autonomous research quit ahead of SocGen venture
Business

Marketmind: Rocky week to end on tech-led bounce

A look at the day ahead in Asian markets.

Marketmind: Rocky week to end on tech-led bounce

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