Optimizing ETF trades: How Sun Life leverages Bloomberg’s RFQe
After evaluating several ETF trading platforms, Sun Life chose Bloomberg’s RFQe as it can streamline ETF trading within a comprehensive ecosystem.
US Equity Funds Attract Inflows for Fourth Successive Week
Nov 29 Reuters U.S. investors poured money into equity funds in the week ended Nov. 27, buoyed by the naming of officials for the new Trump administration and a fall in Treasury yields, which alleviated concerns about the prospects for growth stocks. Investors bought 12.78 billion worth of U.S. equity funds, a sharp jump in […]
UK Government to Review the BBCs LongTerm Funding
LONDON, Nov 29 Reuters Britain plans to review longterm funding for the BBC, the national broadcaster, and find alternatives to the TV licence, as it seeks to secure its future given competition from streaming giants and as viewers watch less live television. Currently the BBC is funded by the TV licence, a charge of 169.50 […]
Volkswagen Brushes Off Unions Cost Savings Proposals
BERLIN, Nov 29 Reuters Volkswagen, under pressure by high costs and Chinese competition, brushed off union proposals for cost savings on Friday, just days ahead of planned walkouts meant to avoid unprecedented plant closures. Although there may also be positive effects in the short term, the measures will not lead to any sustainable financial relief […]
Hong Kong October Retail Sales Fall 2.9 yy
Oct tourist arrivals up 18.3 vs Sept39;s 10.5 rise yy Oct jewellery sales down 11.1 yy vs Sept39;s 17.9 decline Govt China39;s measures on economy to support consumption HONG KONG, Nov 29 Reuters Hong Kong39;s October retail sales fell 2.9 from a year earlier, reflecting a change in consumption patterns, government data showed on Friday. […]
Starbucks Serves S.Koreans Coffee and Glimpse into the North
GIMPO, South Korea, Nov 29 Reuters The world39;s last Cold War frontier now has a Starbucks cafe in South Korea where customers can get a glimpse through the heavily militarised border into the North, all while sipping a latte. Hundreds showed up on Friday for the opening of the U.S. coffeehouse chain39;s newest store in […]
Taiwan Raises 2024 Economic Growth Forecast, Trump Tariffs may Crimp 2025
2024 GDP estimate raised to 4.27 vs previous 3.9 2025 GDP estimate 3.29 2025 exports seen at 5.98 yy 2025 CPI projected at 1.93 yy Analyst sees 2025 GDP forecast too optimistic TAIPEI, Nov 29 Reuters Taiwan39;s tradedriven economy is expected to grow faster in 2024 than previously forecast thanks to the AI boom that […]
BoE Warns of Risks from Rise in Global Trade Barriers
LONDON, Nov 29 Reuters The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets. Without specifically referring to the victory of Donald Trump in the U.S. presidential election, the BoE said the financial system could also be hit by […]
JPMorgan sees Latam Company Earnings Rebounding 16 in 2025
Nov 29 Reuters After a disappointing 2024, Latin American companies are expected to see earnings rebound around 16 next year, JPMorgan calculations showed, with almost all countries except Colombia set for doubledigit growth. This year, earnings at companies in the region are estimated to have contracted by 24, JPMorgan analyst Cinthya Mizuguchi said in a […]
Italian Watchdog Warns Publisher GEDI Against Sharing Data with OpenAI
MILAN, Nov 29 Reuters Italy39;s data protection watchdog has warned Italian publisher GEDI not to share its personal data archives with ChatGPT owner OpenAI, it said on Friday, citing concern over potential breaches of EU rules. GEDI, owned by the Agnelli family39;s holding company Exor, announced a strategic partnership with OpenAI in September to bring […]