With the S&P 500 already up 26% from a low point in late October, money is starting to pour into European stocks. Investors should expect that to continue. The S&P 500 has become expensive, while the Stoxx Europe 600 hasn’t. The S&P 500 is now trading at 20.7 times the per-share earnings its component companies … Read more
No cut, no problem—at least not for the stock market. It should have been a bad week for an overextended market, one that had risen for 14 of the previous 15 weeks. A pair of stronger-than-expected January inflation prints forced investors to wake up to the realization that the Federal Reserve won’t be cutting interest … Read more
The Bank for International Settlements has confirmed six new development projects for its BIS Innovation Hub, focusing on central bank digital currencies, green finance, cybersecurity and steps to eliminate financial crime. This first batch of projects for 2024 builds on a further eight projects that are currently ongoing within the BIS Innovation Hub and 12 … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Hearst UK is launching new apps for Men’s Health UK and Women’s Health UK as part of an enhancement to both brands’ membership offering. Through the new apps, members will be able to access exclusive training plans and wellness advice from a variety of fitness experts, as well as the latest health-related news. The news comes soon after the … Read more
A meeting to discuss research topics at the HCM City University of Technology’s lab for microchip and high-frequency systems. — VNA/VNS Photo Thu Hoài HCM CITY — Seeing strong demand for human resources in the semiconductor integrated circuit (IC) technology industry in Việt Nam, Việt Nam National University-HCM City (VNU-HCM) targets to train about 1,500 … Read more
With wars raging again in Europe and the Middle East, and U.S.-China tensions on the boil, the political order that underpinned markets for decades is under serious threat. So, too, is the financial order, as the U.S., Europe, and even Japan exit the zero-interest-rate era, and the U.S. and China face deteriorating fiscal health. In … Read more
New funding from the U.S. Department of Energy and the California Energy Commission helps advance Smartville’s innovative approach to battery restoration and reuse efforts Smartville, an EV battery-repurposing innovator, has received an additional $2.65 million in federal and state funding to support the innovation and growth of electric vehicle battery repurposing solutions that bolster lithium … Read more
In an article titled “If You Can Take the Cable Car to the Colosseum, You’re in Vietnam” published on October 25th, the leading American daily newspaper, the New York Times, has commented on and been impressed by the cable car systems at Vietnam’s most popular tourist destinations, as well as Sun Group, the corporation behind … Read more
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more