This top Fund Manager turns cautious, hedges almost 80% of the portfolio

I’m sure he’ll do something to keep the markets up until the reelection is over at least. So, I would say for the very short term, you can definitely invest in foreign funds but if you’re taking a longer-term perspective, they are very expensive right now and should be approached with a lot of caution.

CDC report: dining out increases risk of contracting coronavirus more than other activities

CDC officials interviewed about 314 people who experienced symptoms of the virus and got tests, about half of whom were positive. Both the positive and the negative subjects said they had engaged in activities such as attending church and in-person shopping.

Investors take to ETFs as fund houses serve a wider spread

What works for ETFsExperts say ETFs can come in handy for investors, especially when there is uncertainty over the economy and markets.“Right now, there is lack of clarity on when the economy will start to recover and which stocks and sectors would be better-placed to ride the recovery. An easier way for investors to participate […]

Brexit endgame spurs investors to buckle up for a wild ride

The stalemate in discussions has already seen the pound suffer its longest losing streak since March when Covid-19 started to rip through the country, and has sent the yield on haven short-term bonds to record lows. Prime Minister Boris Johnson is now facing a backlash over a government minister’s admission that the UK plans to […]

SoftBank’s big options bet tests investor faith in Masayoshi Son

By Pavel Alpeyev, Takahiko Hyuga and Giles TurnerJust when investors thought Masayoshi Son was reining in risk at SoftBank Group Corp., the Japanese billionaire’s foray into highly leveraged derivatives is giving them fresh reason to worry.SoftBank shares tumbled 7.2% on Monday in Tokyo, erasing about $9 billion of market value. The drop came after the […]

Foreign investors still hurt by Vietnam’s red tape: forum

The event, intended to improve the Vietnamese business environment through a structured dialogue between the government, local and foreign firms and the donor community, attracted nearly 500 investors, according to the Vietnam Business Forum Consortium, which co-hosted the event with the Ministry of Planning and Investment and the World Bank Group.

Incredible moment 80-year-old hiker who was missing for four days turns up at press conference where family who feared he was dead were making desperate appeal to find him

Speaking by a roaring fire today, Mr Harvey, who worked at a Wallsend shipyard, told a press conference he had ‘three grand days’ camping out on the mist-shrouded moors and insisted that he had been in no danger. He had set off to walk through Swaledale with a friend but they became separated in a […]

Oil is up $80 in seven weeks. The remarkable recovery could be too good to be true

That’s despite the latest efforts by OPEC to revive the market from its historic collapse. Last weekend, OPEC and all but one of its allied countries reached a deal to extend the record oil production cuts through July. Moreover, the group achieved new commitments to adhere to quotas from countries like Iraq and Nigeria that […]

Reputational risks from cyberattacks on rise as episodes become public: Moody’s

New Delhi, The reputational risk from cyberattacks is rising for many companies globally, as episodes have become more publicised, Moody’s Investors Service said on Friday.These episodes pose varying degrees of credit risks depending on the sector, size of the company and its relationship with the customers.”Companies whose customers can easily switch to a competitor or […]

VN energy sector a magnet for foreign investors

Feed-in tariffs (FIT) for solar power were considered too high, and though they fell quickly as technology improved from 9.35 US cents per kilowatt-hour in 2017 to 7.09 cents last year for plants on land, they remain quite high compared with other countries.