Tag: billion
Japan Spent Record 5.9 Trillion Yen in April Forex Intervention
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Tokyo, Aug. 7 — Japan's Finance Ministry reported that the country undertook a record-breaking foreign exchange market intervention on April 29, spending 5,918.5 billion...
Square Mile’s Fund Selector: IA Mixed-Asset Funds to Watch
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Overview of IA Mixed-Asset Fund Categories The Investment Association (IA) categorizes mixed-asset funds into four primary sectors: Mixed Investment 0-35% Shares Mixed Investment 20-60% Shares Mixed Investment 40-85%...
UK Equity Funds Record Best Month in Three Years as Outflows Slow
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UK equity funds experienced their most favorable month in three years during July, as outflows slowed and a resurgence in investor interest was observed....
Intensifying Yen Rally Sinks Japan Stocks, Rattles Global Markets
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Tokyo — Japan’s financial markets have been rocked as the yen surged sharply against the dollar and stocks plunged into a bear market. The...
Global Hedge Funds Increase Exposure to Chinese Stocks Amid Policy Shifts
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Global hedge funds have significantly increased their exposure to Chinese stocks, including those listed on both domestic and U.S. exchanges, according to a recent...
Rothschild & Co AM Launches ETF-Focused Fund of Funds Range
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Rothschild & Co Asset Management is introducing a new fund of funds range that invests in exchange-traded funds (ETFs), aiming to attract investors with...
Stocks to Watch in August 2024: Key Players and Upcoming Catalysts
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As August unfolds, investors are navigating the midway point of the second-quarter earnings season amidst a shift in market dynamics that diverges from recent...
Bitcoin Price Falls to $63k as Fed Rate Cut Talk Sparks Stock Rally
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Bitcoin experienced a decline on Thursday, dropping to $63,599.5 earlier in the day before stabilizing around $64,256.2 by 02:01 ET, representing a 2.9% drop...
Volkswagen Shares Tumble as Cost-Cutting Extended
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Volkswagen (ETR) shares fell on Thursday following the announcement that its cost-cutting period will extend beyond the second half of 2024. The company is...
LSEG First-Half Income Rises 5.4%, Progress on Microsoft Joint Venture
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The London Stock Exchange Group (LSEG) reported a notable increase in its first-half income on Thursday, surpassing analysts' expectations. This growth was driven by...
Rolls-Royce Shares Hit Record High on Dividend Reinstatement and Upgraded Profit Outlook
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Rolls-Royce (LON) shares soared to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded profit guidance for...
Shell Beats Forecasts with $6.3 Billion Q2 Profit
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Shell reported a second-quarter profit of $6.3 billion, marking a 19% decrease from the previous quarter. Despite weaker refining margins and oil and gas...