By Enas Alashray and Bart H. Meijer AMSTERDAM (Reuters) -Israeli Prime Minister Benjamin Netanyahu has directed that two rescue planes be sent immediately to Amsterdam following “a very violent incident” targeting Israelis citizens, his office said on Friday, after attacks linked to a football game were reported. Israel’s national security ministry has also urged its citizens in the Dutch city to stay in their hotel rooms following the attacks, the prime minister’s office said in a second statement. “Fans who went to see a football game, encountered anti-Semitism and were attacked with unimaginable cruelty just because of their Jewishness and…
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The world’s largest asset manager BlackRock has witnessed over $1 billion in daily inflows into its spot Bitcoin ETF on Nov. 7 for the first time ever. Source link
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier jewellery owner Richemont (SIX:) reported a dip in quarterly sales on Friday, as the luxury goods group largely offset tougher conditions in China with growth elsewhere. The owner of Swiss watchmakers including IWC, Jaeger-LeCoultre and Piaget said sales fell by 1% at constant exchange rates to 4.81 billion euros ($5.19 billion), slightly above analyst consensus forecasts of 4.78 billion euros cited by HSBC. Big sales increases in the Americas, Japan and the Middle East helped offset an 18% drop in the Asia Pacific region in the three months to the end…
By Tom Westbrook and Samuel Shen SINGAPORE (Reuters) – Asia and even China are shaping up as surprisingly resilient investment markets as Donald Trump returns to the White House, with fund managers optimistic the region can withstand tariffs better than Europe. Investors say Asia’s exporters and supply chains have been able to better weather trade tensions, that China is ready to bolster its domestic demand and that India’s rapid growth is attractive. Equity desks in the region’s financial centres reported little panic as voters ushered Trump back into office on a platform of tax cuts and protectionism – a contrast…
Sony’s PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year Thursday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Here’s how the company did in the September quarter, versus LSEG consensus estimates:Revenue: 2.97 trillion Japanese yen ($19.4 billion), versus 3.03 trillion yen expected. That was up 9% and slightly below analyst expectations.Operating profit: 445.1 billion yen ($2.91 billion), versus 336.07 billion yen expected. That’s up 69% year-over-year and beats expectations.The Japanese tech giant revised its fiscal year 2025 revenue target up slightly to 12.7 trillion yen. It previously…
Image source: Getty Images I have a predicament at the moment. My goal is to build a £10,000 annual return for long-term, sustainable passive income but am lacking spare cash to invest. That got me thinking about setting aside a tenner each day for investing. By investing that money into a portfolio of FTSE 100 dividend shares, just how much could I theoretically generate for my retirement plans in a few decades? Being patient Let’s keep my £10 a day plan simple and stick to weekdays. That would give me £50 per week to play with. I will also assume…
By Kevin Buckland TOKYO (Reuters) -Asian stocks pared early gains on Friday as investors cautiously turned their focus to stimulus announcements from China later in the day with Beijing’s week-long legislative meeting drawing to a close. Regional equities had started the day by tracking Wall Street’s overnight rise to record highs, with investors digesting the Federal Reserve’s message for careful interest rate cuts even with expectations for big fiscal spending under incoming President Donald Trump. U.S. Treasury yields pushed to new lows in Asian hours, keeping the dollar under pressure after its biggest decline versus major peers in more than…
On November 5, 2024, SEBI issued a circular titled, Disclosure of expenses, half-yearly returns, yield and risk-o-meter of schemes of Mutual Funds, outlining three changes to the half-yearly disclosures made by Asset Management Companies (AMCs) under its jurisdiction. SEBI RIA Abhishek Kumar explains the changes.About the author: Abhishek is part of a freefincal’s curated list of fee-only financial advisors and a fee-only India member. He can be contacted via his website, sahajmoney.com.His journey has been published earlier: Fee-only Advisor Abhishek Kumar’s tap dancing to financial freedom.Sunlight is the best disinfectant. – Justice Louis Brandeis.Securities regulators worldwide aim to make securities markets efficient, where asset prices reflect…
Amazon is considering increasing its investment in OpenAI rival Anthropic. According to The Information, Amazon is in talks to invest multiple billions in Anthropic, its first financial pledge in the company since a $4 billion deal struck last year. The new investment is structured similar to the last one — but with a twist. Amazon wants Anthropic to use Amazon-developed silicon hosted on Amazon Web Services to train its AI. Anthropic prefers Nvidia chips. But the money may be too good to pass up. Around the start of the year, Anthropic reportedly projected it would burn through over $2.7 billion…
(Reuters) – Japanese investors aggressively divested their foreign asset holdings in the week to Nov. 2 on caution ahead of the U.S. presidential election, while the recent downtrend in the yen also prompted them to lock in profits. According to Ministry of Finance data, Japanese investors withdrew … Source link