News
Asset managers churn out defence funds once deemed uninvestable
As governments across Europe ratchet up defence spending, money managers who previously judged the sector too controversial to touch are taking note.There’s currently a proliferation of portfolios focused on...
Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett used his annual shareholder letter to caution Washington...
Healthcare S-Reits are here to stay
HEALTHCARE real estate investment trusts (Reits) have been the best-performing Reit subsector in the year to date as at Feb 20, recording an average total return of 2.8 per...
Walmart bonuses largely exceed targets but dip from prior year
WALMART will pay corporate employees more than their bonus target for another year, though workers will receive a slightly lower percentage than a year earlier.Most of the US-based staff...
US Treasuries end week on high note on demand for safer bets
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil...
Wall Street giant Morgan Stanley eases diversity emphasis in annual report
MORGAN Stanley toned down its emphasis on diversity in its latest annual report published on Friday (Feb 22), signaling a recalibration as businesses adapt to a changing reality under...
Europe: Stoxx 600 closes near record high; German elections in focus
EUROPEAN shares settled near a record high on Friday (Feb 21) and marked their longest streak of weekly gains in nearly a year, while Germany’s Dax dipped as investors...
US: Wall Street ends sharply lower on mounting concerns over economy, tariffs
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff...
Disclosure-based regulatory system and investor protection ‘not mutually exclusive’: Chee Hong Tat
THE move towards a more disclosure-based regulatory system for Singapore’s equity market does not mean that protection for investors will be relaxed, said Chee Hong Tat, the Second Minister...
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by...
