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The State Investment Council is expecting a report today on New Jersey’s investments in the wake of the current financial upheaval on Wall Street.
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The Bangko Sentral ng Pilipinas (BSP) said it recorded an inflow of about $2.101-billion reflecting offshore portfolio investments made by local investors from January to June this year.
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The government is looking at securing about P282 billion worth of new investments in various industries within this year and next, Trade Secretary Peter B. Favila said.
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… outlines the possible financial risks faced by companies such as Shell and BP which invest heavily in tar sands to offset shortfalls in their conventional oil reserves. The Guardian quotes Mark Hoskin, senior partner at investment. …
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NEW YORK (MarketWatch) — A run on a money market fund managed by Putnam Investments, a subsidiary of Great West Lifeco Inc. has forced the company to liquidate the institutional fund. Putnam said that “significant red…
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Emerging markets such as Brazil and India have not performed strongly over the past year, but are perceived to have inherent resilience and do not just depend on the US economy for their growth, writes Fiona Reddan.
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When you find yourself in times of trouble … call Russell Investments. And you’ll hear the advice: “Let it be.†Hold steady. Stay diversified. Target the long term. I spoke today with Stephen Wood, Russell senior portfolio strategist. …
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Tremors from Wall Street are rattling Asian confidence, leading many investors to question the wisdom of being invested in the United States to the tune of trillions of dollars, according to The New York Times’s Keith Bradsher. …
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Putnam Investments has closed a $12.3 billion money-market fund to limit losses to its investors, the large mutual fund company said today. The highly unusual announcement is the latest sign that tremendous financial pressures are now threatening even some of the safest kinds of investments.
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Best Buy reported higher revenues, but lower profits because of heavy investments in building out its Best Buy Mobile locations in the remainder of all of its 973 U.S. stores. In the company’s second-quarter ended Aug. 30, it said revenue increased 12 percent to $9.8 billion, compared to the year-ago period.
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