Chinese President Xi Jinping met with global executives on Friday, March 28, 2025.CNBC | Evelyn ChengBEIJING — Chinese President Xi Jinping on Friday met with global executives and made a case for investing in the country, as Beijing focuses on reaching out to businesses amid escalating trade tensions with the U.S.He said multinational companies had a big responsibility to “uphold global order” and that they needed to work hand in hand with China.Xi emphasized that China was a safe and stable place for foreign companies. “To invest in China is to invest in tomorrow,” he said in Mandarin translated by CNBC. Echoing recent…
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Image source: Getty Images The S&P 500’s recent volatility reflects several things, many of them connected. The index has shed 10% since mid-February 2025, driven primarily by President Donald Trump’s aggressive tariff policies. His March 2025 decision to impose 20% tariffs on Chinese imports and levies on Canadian goods triggered a $4trn market value wipeout. More tariffs will be announced next week. These protectionist measures have heightened fears of a global trade war, and the S&P 500 briefly erased all post-November 2024 gains. At the time of writing (26 March), we’ve seen a small rally. However, the stocks are still cheaper…
(Reuters) – BlackRock has launched its first model portfolio blending private and publicly traded assets, it said on Wednesday, as it looks to expand its footprint in the lucrative private market landscape. Model portfolios are blueprints that financial advisers use to manage their clients’ investments. Tailored for a variety of risk tolerances and goals, they can help advisers save time and costs they would otherwise have spent on building portfolios from scratch. Adding private assets to these portfolios, which typically consist of stocks and bonds, could help BlackRock tap a broader investor base. The move aligns with the asset manager’s…
Towfiqu Barbhuiya via Unsplash. It has joined a joint carbon credit facility to promote and disseminate such technologies.Mizuho Financial Group has joined NextGen CDR Facility as a buyer of technology-based carbon dioxide removal (CDR) credits.This makes Mizuho the first Japanese bank to conclude a long-term purchase agreement for said credits, MFG said in a press release on its website.The NextGen CDR Facility is a joint carbon credit purchasing facility operated byNextGen CDR AG, which is a joint venture of Mitsubishi Corporation and South Pole, the world’s leading carbon asset developer and climate consultancy.The facility aims to promote and disseminate technologies…
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Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty ImagesAsia-Pacific markets mostly fell on Friday as U.S. President Donald Trump’s tariff threats kept investors on edge.Japan’s Nikkei 225 lost 2.09%, sinking to its lowest in two weeks, data from FactSet showed, while the Topix fell 2.19%. South Korea’s Kospi traded 1.76% lower and the small-cap Kosdaq dipped 1.44%.Hong Kong’s Hang Seng Index slid 0.41% while mainland China’s CSI 300 dipped 0.25%.Australia’s S&P/ASX 200 added 0.36% as Prime Minister Anthony Albanese announced a national election on May 3, kicking off a five-week campaign.Investors will continue eyeing…
The Australian Dollar depreciates as global trade concerns intensify ahead of potential US tariffs. A Reuters poll suggests the Reserve Bank of Australia (RBA) will keep rates steady in April. The US Gross Domestic Product (GDP) Annualized grew by 2.4% in Q4 2024, exceeding the 2.3% forecast. The Australian Dollar (AUD) weakens against the US Dollar (USD) on Friday, erasing gains from the previous session. The AUD/USD pair declines amid heightened risk aversion, driven by concerns over impending US auto tariffs. US President Donald Trump signed an order on Wednesday imposing a 25% tariff on auto imports, further escalating global…
Breadcrumb Trail LinksFederal ElectionNewsPersonal FinanceRetirementTaxesConservatives say they would allow working seniors to earn as much as $34,000 a year without paying income taxPublished Mar 26, 2025 • Last updated 1 day ago • 4 minute read You can save this article by registering for free here. Or sign-in if you have an account.Conservative leader Pierre Poilievre makes an announcement in Vaughan, Ont. on March 25. Photo by Ernest Doroszuk/Toronto Sun/Postmedia filesReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.Article contentThe federal Conservatives floated a plan targeting…
Australia’s Prime Minister Anthony Albanese during a press conference at Parliament House in Canberra on March 28, 2025.Mike Bowers | Afp | Getty ImagesAustralian Prime Minister Anthony Albanese called a national election for May 3 in the early hours of Friday morning as the country grapples with high cost of living and rising U.S. tariffs.That kicked off a five-week campaign in the lead up to the ballot day as the center-left government seeks a second three-year term.”Our government has chosen to face global challenges the Australian way — helping people under cost-of-living pressure, while building for the future,” Albanese told a…
This week we’re joined by Kyle Paoletta to talk about his book American Oasis: Finding the Future in the Cities of the Southwest. We discuss the growth and history of southwestern U.S. cities, how indigenous people didn’t disappear but adapted, the importance of language and identity and climate adaptation lessons for cities from the driest region.Scroll down below the audio player for an edited excerpt of our conversation, or click here for an unedited, AI-generated transcript of the entire conversation.Jeff Wood: The cities that grew up in the Southwest, what’s really fascinating to me is the marketing that happened and the growth from the…