Investing.com– Most Asian stocks rose on Monday amid some hopes that U.S. President-elect Donald Trump will not adopt an as harsh rhetoric against China as feared when he takes office later in the day. Regional stocks took a positive lead-in from Wall Street on Friday, as a slew of positive bank earnings and growing hopes of interest rate cuts sparked strong gains in U.S. stocks. U.S. stock futures were less upbeat in Asian trade on Monday, falling slightly amid some caution over Trump. U.S. markets will also be closed on Monday for Martin Luther King, Jr. Day. Asia stocks rise…
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President-elect Trump met with Apple CEO Tim Cook, which he announced at his Make America Great Again Victory Rally on Sunday, saying Cook is planning to make an investment in the U.S., following DAMAC and SoftBank. President-elect Trump on the eve of his inauguration says he spoke with Apple CEO Tim Cook and teased a potential move by the world’s most valuable company. “I spoke with Tim Cook of Apple. He said they’re going to make a massive investment in the United States because of our big election win,” he said during his Make America Great Again Victory Rally on…
One simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger returns, and build a portfolio ourselves. Just take a look at Origin Energy Limited (ASX:ORG), which is up 96%, over three years, soundly beating the market return of 9.2% (not including dividends). However, more recent returns haven’t been as impressive as that, with the stock returning just 46% in the last year, including dividends. Let’s take a look at the underlying fundamentals over the longer term, and see if they’ve been consistent with shareholders returns. See…
By Tom Westbrook SINGAPORE (Reuters) – The dollar was firm and Asia’s stock markets were cautiously positive on Monday as investors waited for an expected flurry of policy announcements in the first hours of Donald Trump’s second presidency and eyed a rate hike in Japan at the end of the week. Trump takes the oath of office at noon Eastern Time (1700 GMT), and promised a “brand new day of American strength” at a rally on Sunday. He has stoked expectations he will issue a slew of executive orders right away and, in a reminder of his unpredictability, launched a…
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability.Peng Song | Moment | Getty ImagesChina left its benchmark lending rates unchanged Monday, as Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump administration.The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement.The 1-year LPR determines rates on corporate and most household loans, while the 5-year LPR acts as a reference for mortgage loans.The…
(Bloomberg) — It’s at best, a longshot, but one that’s emerged among a group of die-hard bond traders — that the Federal Reserve’s next move on interest rates will be up, not down. Most Read from Bloomberg The wager, which arose after a blowout jobs report on Jan. 10, stands in stark contrast to the consensus on Wall Street for at least one rate cut this year. That contrarian bet has remained in place even after a benign inflation report on Wednesday strengthened the Fed’s rate-cutting stance and caused yields in the US Treasury market to retreat from multi-year highs.…
New York, New York–(Newsfile Corp. – January 19, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Transocean Ltd . (NYSE: NYSE:) between October 31, 2023 and September 2, 2024, both dates inclusive (the “Class Period”), of the important February 24, 2025 lead plaintiff deadline. SO WHAT: If you purchased Transocean securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Transocean class action, go to https://rosenlegal.com/submit-form/?case_id=32789 or call…
Investing.com– President-elect Donald Trump is set to implement over 200 executive actions on his first day in office, Fox News Digital reported on Sunday, citing a senior administration official. The comprehensive measures will address a broad range of policy areas including border security, energy production, federal bureaucracy, and cost-of-living reductions for Americans, the report stated. Trump will sign multiple omnibus executive orders containing dozens of actions. These include declaring a national border emergency, directing the military and the Department of Homeland Security to secure the southern border, and targeting criminal cartels operating within the U.S. by designating them as foreign…
Ken Griffin’s Citadel posted another year of double-digit returns in 2024, maintaining its status as the most profitable hedge fund ever.Aaron Kotowski for Forbes Hedge funds have lost some of their luster in recent years, with institutions preferring to pour money in Wall Street’s newer crazes for dependable returns like private credit, but the most successful firms in the old guard are still delivering steady gains for their limited partner investors. The world’s top 20 hedge funds, ranked in order of estimated net gains since inception according to LCH Investments, cumulatively produced a record $93.7 billion in gains in 2024.…
Stay informed with free updatesSimply sign up to the Hedge funds myFT Digest — delivered directly to your inbox.Investors in hedge funds have paid out almost half of their profits in fees since the early days of the industry more than half a century ago, new data shows.Managers generated $3.7tn of total gains before fees, but fees charged to investors were $1.8tn, or about 49 per cent of gross gains, according to the analysis by LCH Investments, an investor in hedge funds. The figures, which date back to 1969, show how the scale of the fees raked in by managers…