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LONDON: Where COVID-19 has precipitated unprecedented debts, climate change could trigger defaults across a planet which a United Nations panel says is dangerously close to runaway warming.
A mass corporate switch in Europe to holding virtual annual shareholder meetings (AGMs) has picked up pace this year, raising concern among investors that some companies will try to ditch the physical version permanently.
Luxury looks homeward as the pandemic curtails travel. Chinese buyers previously made a lot of their purchases while visiting Europe, they are now making them at home.
NEW YORK (Reuters) - Bitcoin investment products and funds registered outflows for a fifth consecutive week, as investor sentiment remained cautious in the midst of increased global regulatory scrutiny, data from digital asset manager CoinShares showed on Monday.
KUALA LUMPUR: AmInvest took three top spots in Malaysia at the Alpha Southeast Asia 12th Annual Fund Management Awards 2021.
NEW YORK: Shares of Robinhood Markets Inc rose more than 50% on Wednesday during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week.
(Reuters) -Shares of Robinhood Markets Inc rose more than 50% on Wednesday during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week. The online brokerage’s shares closed at $70.39, off the session high of $85 when the stock was up nearly 82%, with one analyst dubbing it "the meme of memes" in a reference to stocks popularized this year by retail investors congregating in online platforms such as Reddit's WallStreetBets.
MUNICH: Allianz SE said earnings could be materially hurt by a United States Justice Department (DoJ) investigation into its Structured Alpha Funds, which are at the centre of lawsuits after they incurred steep losses at the start of the coronavirus pandemic.
Markets having second thoughts about rebound
NEW YORK (Reuters) - Bitcoin investment products and funds registered outflows for a second consecutive week, according to data from digital asset manager CoinShares released on Monday, highlighting investors' cautious sentiment on the cryptocurrency sector as prices continued to stall.