Where to invest $1 million right now
Six experts offer investment ideas for a post-pandemic future.
Tennet to Spend 56 bln Euros a Year on Europe Power Grids
TenneT, the largest electrical grid operator in the Netherlands and Germany, said on Friday it planned to invest 5 billion6 billion euros 5.967.15 billion a year to prepare grids for renewable energy and increase connections in north Europe. TenneT, which is 100 owned by the Dutch state, said it would continue talks with the Dutch […]
Rakuten to Sell 8 Stake to Japan Post in Amazon Battle
Japanese ecommerce firm Rakuten Inc said on Friday it would sell an 8.32 stake to postal and banking giant Japan Post Holdings Co Ltd, deepening a logistics tieup in the face of competition from rivals such as Amazon.com Inc. Rakuten, which plunged to an operating loss in 2020, is under pressure on multiple fronts as […]
UK Publics Inflation Outlook Holds at 4Year low BoE
The British publics expectations for inflation over the next 12 months held at its lowest level in more than four years, in sharp contrast to a recent rise in market expectations, Bank of England data showed on Friday. Average expectations for inflation over the next 12 months remained at 2.7 its lowest reading since August […]
Japanese Shares Rise on Economic Optimism, Tech Rebound
TOKYO, March 12 Reuters Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global economic growth kept investor sentiment supported. The Nikkei 225 Index rose 0.76 to 29,434.40 by 0202 GMT and the broader Topix […]
JGB SuperLong Yields Edge Lower, all Eyes on BOJ Meeting
TOKYO, March 12 Reuters Yields on superlong dated Japanese government bonds edged lower on Friday as traders awaited the Bank of Japans BOJs meeting next week, where the central bank will review its monetary policy framework. The BOJ may exempt more funds from negative interest rates and reveal ways to make its purchases of exchangetraded […]
Australian 3Year Bond Yields Hit Record Low, A at 1Week High
SYDNEY, March 12 Reuters Yields on Australian threeyear government bonds slipped to a record low on Friday as the countrys central bank pushed back against market speculation of early interest rate hikes though the local dollar jumped to a oneweek high. Yields in the cash market had jumped to 0.188 late last month during a […]
Sterling Falls as Treasury Yields Climb
Sterling fell against a stronger dollar on Friday as Treasury yields climbed, but the pound was still on track for weekly gains amid hopes for an economic recovery following Britains speedy vaccination programme. Sterling was down 0.5 against a stronger dollar at 1.3925 as U.S. Treasuries sold off during early London trading, pushing the yield […]
Passive likely overtakes active by 2026, earlier if bear market
Passive investing should sustain steady growth in the U.S. for the foreseeable future, in our view, with its market share on pace to overtake active within five years due to a widening lead in equities and expansion in fixed income.
Teslas ChinaMade Model Y Takes off Despite Holiday Car Sales Slump
Teslas Model Y is getting off to a solid start in China, less than three months since deliveries began. The midsize SUV was the third bestselling electric car in February at 4,630 vehicles, according to data released Wednesday by the China Passenger Car Association. Taking January into account, the data showed the car was the […]