Why Singapore is bringing blockchain into mutual funds
Most people see “blockchain” and “funds” in the same sentence and immediately think of pools of money betting on cryptocurrencies such as Bitcoin and Ether. That isn’t how Singapore sees the utility of distributed ledgers.
It has taken a less glamorous view, which may nevertheless be more useful. The Asian financial centre has more than 1,200 asset management companies supervising S$146 billion (US$112 billion) in so-called collective investment schemes.
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Read MoreWarren Buffett names his heirs, but his close friend Bill Gates won’t inherit a penny
Warren Buffett, one of the world’s most well-known investors and the CEO of Berkshire Hathaway, has revealed a significant change in how he plans to allocate his fortune. In an interview with The Wall Street Journal, the 94-year-old billionaire stated that almost all of his remaining wealth will be directed to a new charitable trust.
Read MoreGlobal Trade Outlook 2025: AI, Geopolitics & Sustainability
Experts predict geopolitical tensions, AI advancements, and sustainability will shape global trade in 2025. Indian businesses need to adapt to stay competitive.
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Read More3 Cheap Tech Stocks That Are Screaming Buys in January
IBM, AT&T, and HP are all cheaply valued, but they all pay hefty dividends.
Many tech stocks surged over the past year as expectations for lower interest rates drove investors back toward higher-growth companies. But with the Nasdaq Composite now hovering near its all-time highs, investors should get picky with the stocks they buy.
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Read MoreNext Cryptocurrency to Explode, 16 January — MultiversX, Brett, NEO, Worldcoin
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The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark.
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Read MoreThe Burst
$2 Billion Fund Bets It All On 5 Stocks
You probably haven’t heard of Himalaya Capital Management. It’s a Seattle, Washington-based firm that has approximately $2 billion in assets under management. Now put yourself in the shoes of the investment team for a moment: how would you invest that chunk of change?
Most investors would spread the money around a bit but the Himalaya team has chosen to embrace the philosophy that if you have conviction in your investment themes,
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Read MoreThe Ivy
Market Commentary: 1 Stock Soaring No Matter What
You know that feeling when you finally get that red wine stain out of your white shirt? Well, there’s a good chance Stepan Company had a hand in that minor miracle.
Certainly, they might not be a household name, but their chemicals are in a ton of stuff we use every day. And when the market struggled to stay afloat in October,
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