(Bloomberg) — Chinese stocks in Hong Kong slumped further Monday toward their lowest level in almost two decades, as an absence of fresh economic stimulus and market support measures deepened investor pessimism. Most Read from Bloomberg The Hang Seng China Enterprises Index fell as much as 2.2%, edging closer to a level unseen since 2005 […]
Stock investing doesn’t need to be overly complicated. By buying and holding a low-cost fund that tracks the S&P 500, and subsequently reinvesting the dividends, investors would have grown their money by a healthy 211% over the past 10 years. Keeping with this theme, Warren Buffett has often advocated for lay investors to put up […]
One of the most renowned investors of our generation, Renowned investor Warren Buffett, who has a net worth of over $110 billion, practices simple investing policies, claiming that the greatest investment moves are typically met with yawns. “If they told everybody what a simple game [investing] was, 90% of the income of the people that […]
New figures from the Central Statistics Office (CSO) show the Consumer Price Index (CPI) rose by 4.6 per cent between December 2022 and December 2023. This is up from an annual increase of 3.9 per cent in the 12 months to November 2023. It is also the second consecutive month since September 2021 that the […]
The Nasdaq Composite (NASDAQINDEX: ^IXIC) rebounded in spectacular fashion last year. After nosediving 33% in 2022 (its worst performance since the Great Recession), the index soared 43% in 2023. Given its tech-focused composition, the excitement surrounding generative artificial intelligence (AI) was a substantial tailwind, and ongoing innovation in the space could propel the Nasdaq higher […]
“The secret of getting ahead is getting started.” -Mark Twain Some things get easier with practice — riding a bike, playing the piano, speaking a foreign language. Moreover, in each case, a person performs better when they stop thinking about the details and act intuitively, embracing the big picture. There’s an important lesson here for […]
Becoming a stock market millionaire is a lofty goal, but it’s attainable — with the right investments. There’s not necessarily a right or wrong way to invest. If you’re willing to put in the time and research involved in investing in individual stocks, you can build a personalized portfolio fit for your needs. But if […]
Warren Buffett is one of the most famous figures in the financial world. His knack for picking stocks has made him a billionaire several times over, and it has created astonishing wealth for other investors. Shares of Berkshire Hathaway have doubled the annual return of the S&P 500 since Buffett took control in 1965. Not […]
People walk across 6th Avenue in Manhattan on Wednesday as haze and smoke caused by wildfires in Canada blanket New York City. (Andrew Kelly/Reuters) “What’s your AQI?” — Everyone on the East Coast rn With smoke from Canadian wildfires triggering air quality alerts in more than a dozen U.S. states, millions of Americans have suddenly […]
Many major global cities saw a significant decrease in competitiveness during the COVID-19 pandemic, as governments tightened border restrictions and imposed tough social distancing restrictions, according to the 2021 Global Power City Index (GPCI). It remains to be seen whether, in the post-pandemic world of work, these global hubs will retain their ability to attract […]