Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
Factbox-Big investors spur consolidation, growth in EV charging sector
(Reuters) – Big companies in Europe, North America and Asia are investing in the fast-moving global EV charging industry, according to a Reuters analysis. That sector is undergoing rapid consolidation, with at…
Ken Griffin’s Citadel to return about $7 billion in profit to investors -source
By Carolina Mandl (Reuters) -Billionaire Ken Griffin’s Citadel is planning to give back about $7 billion in profits to investors after a year of double-digit returns, a source familiar with the matter…
Wanda reaches agreement with pre-IPO investors to stay put -statement
HONG KONG (Reuters) – Chinese property giant Dalian Wanda Group Co. has avoided an immediate repayment of more than $4 billion to its investors after reaching an agreement with them, according to…
Smith County man sentenced for using stolen valor to defraud investors
TYLER, Texas – A Tyler man has been sentenced to more than 11 years in federal prison for multiple violations in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs…
Investors pile into cash, Japan equity funds see outflows – BofA
LONDON (Reuters) – Cash funds saw a mammoth $93.2 billion of inflows in the week to Wednesday, Bank of America Global Research strategists said in a report, the largest inflow since March…
US equity funds see outflows as investors eye economic data
(Reuters) – U.S. equity funds witnessed outflows for a second straight week in the seven days to Dec. 6 on some investor caution ahead of economic data which could provide more insights…
Analysis-After blistering rally, some investors say Treasuries have bounced too quickly
By David Randall (Reuters) – Expectations that the Federal Reserve will ease monetary policy in the early months of 2024 are fueling a searing year-end rebound in U.S. government bonds. Some investors…
Musk’s SpaceX approaches investors for another tender offer – Bloomberg News
(Reuters) – Elon Musk’s SpaceX has approached investors about another tender offer that would value the company at above $175 billion, a Bloomberg News reporter said in a post on X. Tender…
ByteDance offers investors share buyback, valued at $268 billion-sources
By Kane Wu and Josh Ye HONG KONG (Reuters) – TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a price that will value…
Despite China jitters, Taiwan stocks soar as investors buy in before election
By Faith Hung and Rae Wee TAIPEI/SINGAPORE (Reuters) – Taiwan’s stock market is soaring ahead of elections next month that will shape relations with China, which claims the island as its own,…
Analysis-Bullish investors take heart in Powell’s ‘balanced’ outlook
By David Randall and Lewis Krauskopf (Reuters) – Investors seeking justification for breathtaking rallies in stocks and bonds are finding hope in the words of Federal Reserve Chair Jerome Powell, even as…
Investors flock to US natural gas ETF despite price slump
By Suzanne McGee (Reuters) – Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the commodity’s dismal performance in 2023. The U.S.…
Public investors with $4.3 trln are down on China but in on net zero
By Libby George and Bansari Mayur Kamdar LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in assets are pessimistic about investing in China, but keen to cut net…
Investors bullish on most Asian FX as US interest rate bets shift- Reuters poll
By Roushni Nair (Reuters) – Investors turned bullish on most emerging Asian currencies, as prospects of a potential end to U.S. interest rate hikes led to weakness in the greenback and triggered…
China sees an ETF boom as investors wait for stocks to trough
By Jason Xue and Tom Westbrook (Reuters) – Chinese stock investors are ploughing money into exchange-traded funds (ETFs) this year at the fastest pace on record as they choose to play a…
Investors exit clean energy funds as higher interest rates bite
By Bansari Mayur Kamdar (Reuters) – The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise in interest rates, surging raw materials costs…
Investors flock back to AI fund on rate cut hopes, Nvidia results
By Bansari Mayur Kamdar (Reuters) – An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong quarterly results by chipmaker…
Investors pour $40 billion into stocks in two weeks as markets surge -BofA
By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied, Bank of America said on Friday.…
EBRD head says Turkey’s U-turn must carry on to entice investors
By Jonathan Spicer ANKARA (Reuters) – Turkey must forge ahead with its new and more sustainable economic strategy in order to draw back foreign investors, EBRD President Odile Renaud-Basso told Reuters as…
Thailand offers 10-year visas for investors in industrial east
BANGKOK (Reuters) -Thailand will offer 10-year visas for investors in targeted businesses in its industrial eastern region to attract foreign investment, a deputy prime minister said on Friday. The visa plan, which…
Analysis-Sunak bids to lead wary investors through British maze
By Kate Holton, Alistair Smout and William Schomberg LONDON (Reuters) – Prime Minister Rishi Sunak has chosen Hampton Court, a 16th-century palace renowned for its maze, to host a summit at which…
US debt risks to become a ‘fact of life’ for investors, says Citi
By Davide Barbuscia NEW YORK (Reuters) – Rising U.S. government debt and fiscal deficits that have helped lift government bond yields this year will likely become secondary factors for investors, as their…
Retail investors crowd into Eli Lilly after weight-loss drug approval
By Bhanvi Satija and Amruta Khandekar (Reuters) – Retail flows into Eli Lilly spiked to a more than two-year high in November, as small investors rushed to buy the stock after the…
Analysis-Argentina investors brace for financial pain no matter who wins presidency
By Rodrigo Campos NEW YORK (Reuters) – Global investors expect a large amount of financial pain out of Argentina no matter who voters pick on Sunday as their next president, with social…
Investors in thematic funds hurt returns by trading too frequently: Morningstar
By Bansari Mayur Kamdar (Reuters) – Investors in thematic funds cut their returns by nearly two-thirds through badly-timed trades, a report by Morningstar Manager Research showed. Funds that tend to focus on…
Breaking News
