Hongkongers are knowledgeable about investments but still expose themselves to scams because they tend to forget useful advice, according to the head of a body dedicated to making residents smarter with their money. Victor Dawes, chairman of the Investor Financial Education Council, said interest in investment was prevalent in the city, but an ever-evolving list
Pictured: Photo illustration of hundred dollar bill and graph/iStock, Darren415 Healthcare and technology-focused venture capital firm Canaan is adding $100 million in new capital to its biopharma investment funds, the company announced Wednesday. The Menlo Park, Calif.-based firm’s injection of new funds will bring the company’s total amount raised since early 2023 to over $1 billion.
Angelo Babb, a seasoned financial expert renowned for his insights into emerging markets, announces his foray into the realm of cryptocurrency investments. With a keen eye for innovation and a deep understanding of market dynamics, Babb embarks on a journey to explore the vast opportunities and potential of digital assets, offering invaluable guidance
Commission-based “load” mutual funds and the financial advisors who still sell them seem passé, like riding a horse and buggy to reach your investment goal instead of a zippy new exchange-traded fund. Yet there are excellent load funds run by top fund managers at big shops. Of the 10 largest mutual fund families, six have
Quick facts about bad-credit car financing: Even borrowers with numbers in the lowest credit score categories may find auto loan financing. You should dispute errors on your credit report when you find inaccurate information that lowers your credit score. Increasing your down payment on the car helps convince potential lenders that you are serious about your finances. Financing a car with
Capital-gains taxes occur when you sell an asset, like your home or a stock. They are paid to both the state and federal government. The government collects a percentage tax on the gain or profit of the asset while in your possession. As you think ahead to tax season, understand that taxes on capital gains were lowered
Pictured: Stack of $100 bills / iStock, Nattakorn Maneerat Verona Pharma, a biotech working on treating chronic obstructive pulmonary disease, has been given a financial boost of up to $400 million from two capital firms, the company announced Tuesday. Under a debt financing facility, Verona will receive up to$400 million from funds that Oxford Finance and
Published: Dec. 23, 2023 at 3:15 p.m. ET Don’t miss these top money and investing features: INVESTING NEWS & TRENDS ‘The switch was flipped’: ETF flows pick up as stocks, bonds head for 2023 gains U.S. stocks and bonds are up in 2023, in a big rebound from a brutal 2022. Read More Star stockpickers
These mutual-fund and ETF investing tips can give your portfolio new momentum
Published: Feb. 29, 2024 at 3:14 p.m. ET Don’t miss these top money and investing features: INVESTING NEWS & TRENDS 10 stocks you can bet on being inflation-proof High-quality stocks can do well when prices are rising or falling. Here’s why. Read More Nvidia, AI-fueled tech stocks are heading for a ‘magnificent exuberance’ bubble The…