U.S. Treasury yields fell slightly on Thursday as investors looked to fresh economic data and comments from Federal Reserve officials as they weighed the outlook for interest rates. At 4:27 a.m. ET, the yield on the 10-year Treasury was down by over one basis point to 4.5690%. The 2-year Treasury yield was last at 4.9198%
The annualised net return of the MPF since its inception in December 2000 is 2.6 per cent, according to the provisional data that regulator Mandatory Provident Fund Schemes Authority (MPFA) released on Monday. This beats the 1.9 per cent inflation rate during the same period. The Mandatory Provident Fund Schemes Authority headquarters, pictured on August
For the past four years, I’ve sent out a free, comprehensive retirement newsletter every Sunday. This labor of love includes three handpicked articles on retirement planning, along with general interest pieces on finance, health, and media. I also share links to valuable research tools and model portfolios from the week. You can check out the
On Wall Street in the week ahead, investors’ major focus would be on inflation data for March and the minutes of the Federal Reserve’s March monetary policy meeting. Following last week’s strong jobs report that dented interest rate cut odds, investors will closely watch the consumer prices data and the Fed minutes for clues about
As the festival of Holi draws near, the atmosphere is full of anticipation, joy, and excitement. The colourful environment around us brings back fond memories of picking a favourite colour and smearing it on our loved ones; or of happy colourful ‘barely’ recognizable faces digging into some festive sweets or smiling up to a camera.
Figuring out how much you can safely spend each year is an especially fraught question for retirees worried about outliving their savings. Life span and health status are variables no one can plan for. Despite saving consistently and investing diligently over a lifetime, retiring into a market downturn or unexpectedly needing expensive medical treatment can
Egypt, the Middle Eastern giant with a population of 114 million, is too big to fail, particularly at this moment. The United Arab Emirates, International Monetary Fund, and European Union forcefully underlined this point over the past week, pledging some $40 billion in investments and loans. President Abdel Fattah Al Sisi’s government responded with drama
Stock market investors on Wall Street in the week ahead will keenly watch for inflation data among the other economic reports. The upcoming economic reports can provide investors clues on the US Federal Reserve’s rate cut plans later in the year. Last week, investors’ hopes were bolstered about interest rates cut after Federal Reserve chair
Japan is asking investors to stump trillions of yen over the next decade to back its efforts to tackle climate change. But both investor groups and climate change experts are concerned about the decarbonization merits of the projects the world’s first sovereign “transition bonds” will be supporting. These special sovereign bonds, which were issued for
Stock market investors on Wall Street in the week ahead will be watching key economic data including consumer price index, producer price index and industrial production report. Apart from the US economic data, some key earnings including Coca-Cola, Shopify, Cisco, and Sony will also be the focus of the investors. Economic events On February 13,