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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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As the world's biggest sovereign wealth fund, the Government Pension Fund Global (GPFG) of Norway recently disclosed its investment report for the first half of 2024. The fund registered a return of 8.6 percent, trailing the return on the benchmark index by a mere 0.04 percentage points, while its equity investments, which constitute roughly 72% of its portfolio, yielded a robust 12.5% return.
GPFG Increases Holdings in Malaysian Eq...
GPFG Increases Holdings in Malaysian Eq...
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In early August, global stock markets plummeted, sparking fears of an economic recession and a looming bear market. Meanwhile, the bond market quietly surged, with the $iShares 20+ Year Treasury Bond ETF (TLT.US)$ achieving an eight-day winning streak by August 5th.
Data is as of August 8 and is for illustrative purposes only and does not constitute any investment advice or guarantee.
Why did bonds attract investment while stocks were falling? Bonds benefi...
Data is as of August 8 and is for illustrative purposes only and does not constitute any investment advice or guarantee.
Why did bonds attract investment while stocks were falling? Bonds benefi...
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In July 2024, the US annual inflation rate continued its downward trend for the fourth month in a row, reaching 2.9% — a level not seen since March 2021 and a slight decrease from June's 3%. Month-over-month, the CPI saw a 0.2% increase, aligning with predictions. This rise was primarily driven by the shelter index, which went up by 0.4% and contributed to nearly 90% of the overall monthly increase in inflation.
Core inflation, which excludes vo...
Core inflation, which excludes vo...
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Hi, mooers!
Ever wonder how to make your idle money work smarter? Are you looking for ways to boost your idle funds while keeping them readily available?
You might want to get familiar with Cash Plus!
Here's a snapshot of what Cash Plus offers:
1. Daily returns: Enjoy returns of up to 3.5% p.a.*, even on non-trading days.
2. Ultra-low threshold: Dive in with as little as RM0.01 without any cap.
3. Flexible redemption: Cash out for stoc...
Ever wonder how to make your idle money work smarter? Are you looking for ways to boost your idle funds while keeping them readily available?
You might want to get familiar with Cash Plus!
Here's a snapshot of what Cash Plus offers:
1. Daily returns: Enjoy returns of up to 3.5% p.a.*, even on non-trading days.
2. Ultra-low threshold: Dive in with as little as RM0.01 without any cap.
3. Flexible redemption: Cash out for stoc...
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