NEW YORK (Reuters) – Some asset prices are moving together in unusual ways, an indication that investors may be preparing their portfolios for a coronavirus-led global slowdown. U.S. stocks, gold, Treasuries and the dollar have all surged in 2020, a climb that... More »
HOUSTON/CARACAS (Reuters) – U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country, according to t... More »
NEW DELHI (Reuters) – India’s fraud-hit Punjab National Bank (PNBK.NS) is considering monetizing its real estate assets, including a giant office space in New Delhi worth an estimated 50 billion rupees ($778.63 million), a bank source with direct knowledge of ... More »
BEIJING (Reuters) – The value of assets held by China’s banking sector rose 10.0 percent to 241.58 trillion yuan ($36.61 trillion) as of end-October compared with a year earlier, the China Banking Regulatory Commission (CBRC) said on Monday. Liabilities rose 1... More »
Public sector investors plan to raise exposure to real estate, infrastructure, green bonds and renewables over the coming year, while cutting holdings of low-yielding government bonds, an annual survey showed on Monday. More »
A Saudi money exchanger counts Saudi riyals in Riyadh August 4, 2008. REUTERS/Fahad Shadeed The Saudi Arabian central bank’s foreign assets fell in April as the government borrowed heavily abroad, according to official data that suggested Riyadh was bringing m... More »
FILE PHOTO: The sign of Japan’s Government Pension Investment Fund (GPIF) is seen after a news conference in Tokyo, Japan, April 1, 2016. REUTERS/Thomas Peter/File Photo Japan’s Government Pension Investment Fund (GPIF) on Tuesday began recruiting asset manage... More »
The Vanguard Group topped $4 trillion in assets for the first time at the end of January after a year in which it pulled in more money than all of its rivals combined, the Wall Street Journal reported. More »
