LONDON—Heavy falls in stock and bond markets over the last year have cut the combined value of the world’s sovereign wealth and public pension funds for the first time ever—and to the tune of $2.2 trillion, an annual study of the sector has estimated. The report on state-owned investment vehicles by industry specialist Global SWF…
Market Misery Deals Sovereign Wealth Funds Historic Setback in 2022: Study
What Are the Purest Gold Coins? A Quick Guide for Investors
Gold is a popular choice among novice and seasoned investors who want to diversify their investment portfolios. When buying gold, you’ll likely discover that varying purity levels can impact its value. So what are the purest gold coins available on the market? Below, we discuss some facts you need to know about understanding the actual gold…
Dollar Creeps Up in Subdued Start to New Year
LONDON—The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The U.S. currency has weakened as markets bet a Federal Reserve tightening cycle may be nearing an end. Sentiment remained fragile and the first trading day of the year was subdued, with many countries, including big trading…
World Markets Mixed After S&P 500 Ends Worst Year Since 2008
January 2, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
BANGKOK—Shares began the year mixed, with European benchmarks opening higher on Monday after a lackluster session for the few Asian markets not closed for New Year holidays. U.S. markets are also closed. This week brings employment data and minutes from the latest meeting of the Federal Reserve, as 2023 begins with persisting uncertainties over the…
US Stock Market Suffers Worst Year Since 2008—Is More Pain Ahead in 2023?
Investors will be quick to turn the calendar year to 2023 after the U.S. stock market suffered its worst annual performance since 2008, driven by elevated inflation, global recession fears, and tightening monetary policy. The leading benchmark indexes suffered notable losses in 2022, led by the tech-heavy Nasdaq Composite Index’s 33.1 percent decline. The…
Australian Stock Market Finishs 2022 Down 5.45 Percent
The local share market has ended a dismal year with a bit of a whimper. After being up as many as 53 points in early trading and again close to that by late afternoon, the benchmark S&P/ASX200 index fell steadily in the final 30 minutes of trading to close Friday up just 18.6 points, or…
Permitted Share of China’s Yuan in Russian Wealth Fund Doubled to 60 Percent: Finance Minister
MOSCOW—Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60 percent as it restructures its rainy-day fund to reduce dependency on currencies from so-called “unfriendly” nations. The ministry said the permitted share of gold in the NWF would also be doubled,…
S&P 500 Closes out Dismal Year With Worst Loss Since 2008
Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 since 2008. The benchmark index finished with a loss of 19.4 percent for 2022, or 18.1 percent, including dividends. It’s just its third annual decline since the financial crisis 14…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 30)
December 30, 2022
admin
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
0 Comment
Benchmark U.S. crude oil for February delivery rose $1.86 to $80.26 a barrel Friday. Brent crude for March delivery rose $2.45 to $85.91 a barrel. Wholesale gasoline for January delivery rose 9 cents to $2.46 a gallon. January heating oil rose 5 cents to $3.36 a gallon. February natural gas fell 8 cents to $4.48…
Bahamas Regulators Hold $3.5 Billion Worth of FTX Customer Assets
December 30, 2022
admin
AmericasBusiness & MarketsCompaniesCrime and Incidentscrypto assetsCrypto Exchange FTXcryptocurrencycustomer lawsuitMarketsSam Bankman-FriedUSWorld
0 Comment
Regulators in the Bahamas are holding on to $3.5 billion worth of FTX assets that it claims are intended to be transferred to those who were monetarily affected by the crypto-fallout as customers of the company have filed a lawsuit to get their dues prioritized. After crypto exchange FTX filed for bankruptcy in November, around…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta