Image source: Getty Images If I had £500,000 in my Stocks and Shares ISA, I believe I could comfortably earn £25,000 annually as a second income. That would be achieved by investing in bonds and dividend-focused stocks that give me an average yield of 5%. That’s about the equivalent of a £30,000 salary after tax. It’s not bad, but it might not be enough for some people. How’s it done? The maximum annual contribution to a Stocks and Shares ISA is £20,000. As such, it would take a while to build up to £500,000 through contributions alone. Of course, that…
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MANILA – The Department of Finance (DOF), in collaboration with other government agencies and the private sector, is currently developing the Climate Finance Strategy (CFS) to help finance climate priorities, support active membership in the global multilateral funds, and scale up sustainable finance efforts through the Inter-Agency Task Force on Sustainable Finance (ITSF).In a statement Friday, the DOF said the development of the CFS is part of the initiatives to make sure the Philippines has the right policy tools for Environmental, Social, and Governance (ESG) compliance to take the lead in financing climate action and ensure sustainable economic growth.The CFS…
Image source: Getty Images Donald Trump’s presidency hasn’t driven the American stock market higher. In fact, the S&P 500 is down around 9% since the America-first president took office. This pullback is arguably based on legitimate concerns about the impact of tariffs, a slowing US economy, and a threat to American supremacy in artificial intelligence (AI). And this pullback has impacted some stocks more than others, notably those valued strongly on forward growth expectations, such as technology and innovation-driven sectors. Companies like Tesla, which soared in the wake of Trump’s election, have been particularly hard hit by waning optimism and…
Artio has launched a data-driven early-stage carbon credit delivery insurance product, backed by Tokio Marine HCC International (TMHCCI), Markel, and Apollo and with DA Strategy support. With insurance capacity provided by the trio of major insurers, Artio’s new product aims to help investors to confidently back early-stage carbon removal projects by providing risk mitigation from day one. The increased security measures are intended to drive market expansion and increase the availability of high-integrity carbon-dioxide removal (CDR) carbon credits, which are essential for corporations and governments to achieve their 2030 climate goals. Ibrahim Sarwar, Artio Co-Founder & COO, said: “Our capacity…
As the clock ticked down towards 12.01am Eastern Standard Time on 12 March, Liam Bates kept refreshing his browser. Over the preceding weeks, Marcegaglia, the stainless steel company whose long products division he headed up, had rushed to melt and ship as much metal as it could from its furnaces in Sheffield across to the east coast of America, ahead of the imposition of tariffs.Stainless steelUK and US industrially interlockedOf all the varieties of steel, stainless steel – an alloy of iron and chrome, along with other elements like nickel, molybdenum and carbon – is among the most important. Unlike…
Image source: Getty Images Investors don’t need to buy shares in their ISA to utilise any annual allowance they may have remaining. Just depositing cash in a Stocks and Shares ISA or Lifetime ISA is enough to secure the tax benefits for the funds. But with so many brilliant bargains out there, individuals may wish to strike straight away instead of waiting to invest. The FTSE 100 share index alone is choc full of dirt cheap quality shares following the recent stock market mini crash. Here are two I’m considering buying before the 5 April ISA deadline. Standard Chartered Source:…
A plane taking off from Heathrow Airport in the United Kingdom.Tim Ireland | Xinhua | Getty ImagesLondon’s Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, airport officials said.”Heathrow is experiencing a significant power outage across the airport due to a large fire at a nearby electrical substation. Whilst fire crews are responding to the incident, we do not have clarity on when power may be reliably restored,” a Heathrow spokesperson said.”We expect significant disruption over the coming days and passengers should not travel to the airport under any circumstances until the…
Debt financing costs have jumped to the highest level since 2007 among OECD governments.Interest payment as a share of GDP outpaced defense and safety services.The US accounted for over two-thirds of OECD gross borrowing in 2024.Interest payments have taken the biggest bite out of government budgets since at least 2007, as debt financing costs outpace spending on defense, public safety, and housing in many countries.The Organization for Economic Cooperation and Development found that debt servicing costs accounted for 3.3% of GDP across 38 member economies, a sharp increase from 2.4% in 2021.”Bond yields in several key sovereign markets rose despite…
Shanghai, CHINA: A Chinese customer at a branch of the Bank of Ningbo on the eve of it’s IPO in Shanghai 18 July 2007. Mark Ralston | Afp | Getty ImagesThe recent rebound in China’s government bond yields is not a sign of reflation, economists say, as persisting deflationary pressure is expected to keep borrowing costs low.An intensified selloff in China’s government bonds have sent yields rising in recent weeks, as the People’s Bank of China drained liquidity from the money market to stabilize its currency and the sudden rise of DeepSeek prompted funds to rotate into stocks.The benchmark 10-year yield…
Shares of Mitsubishi Motors climb after reports of Foxconn collaborationShares of Mitsubishi Motors rose 4.5% after reports that it is closing in on an EV collaboration deal with Taiwan’s Foxconn, according to Nikkei citing sources close to the matter.Discussions have been ongoing for over six months, sources were cited as saying.—Lee Ying ShanJapan inflation eases to 3.7% in February, down from a two-year highJapan’s headline inflation rose 3.7% year on year in February, easing from a two-year high of 4% seen in January.Core inflation — which excludes prices of fresh food — was at 3%, lower than January’s figure of…