Newsmeme!
Discover News you didn't know existed
July 10 (Bloomberg) -- Treasuries rose, headed for a fifth weekly advance, as a global retreat in stocks over the past month and speculation the economic recession may be prolonged boosted demand for the relative safety of government debt.
July 10 (Bloomberg) -- U.S. corporate bond sales tumbled to a three-month low on concern that the longest recession since the 1930s may extend beyond investors’ earlier expectations.
July 10 (Bloomberg) -- Treasuries rose, headed for a fifth weekly gain, as a global retreat in stocks over the past month increased demand for the relative safety of government debt.
* Global equity outflows at $1.87 bln
KUALA LUMPUR: Investors are heading to the sidelines in early July as vacations loom and the second quarter earnings season start, as reflected in the emerging markets equity funds that recorded outflows for the second time in three weeks, according to EPFR Global.
July 10 (Bloomberg) -- Goldman Sachs Group Inc. is poised to report the largest profit since it set earnings records in 2007, marking the return of a business model that was the envy of Wall Street before the financial crisis devastated competitors and spurred a government bailout.
Even losing fund managers get lucky sometimes
Asset allocation, a bedrock of investing for decades, appeared to fail miserably in 2008, sending many investors back to the drawing board.
July 10 (Bloomberg) -- Indonesia’s rupiah and bonds, Asia’s best performers this year, offer one of the region’s few “pockets of opportunity” for fixed-income investors in the second half, according to DBS Asset Management.
With the financial crisis seemingly ebbing, many investors are moving out of Treasurys into riskier and potentially better-performing areas, including high-yield bonds and stocks.
Related News Resources:
> HGH News
|
Breaking News
and Top Stories |
Business
Earnings, Economy, Personal Finance, and Stock Markets |
Entertainment
Books, Celebrity, Fashion, Movies, Music, Television, and Theatre |
Health
Aging, Diseases, Medical Conditions, Medications, Sexual Health, and Weight Loss |
Politics
Congress, Supreme Court, and White House |
|
Science
Animals, Astronomy, Biotechnology, Space, and Weather |
Sports
Baseball, Basketball, Boxing, Football, Golf, Hockey, Motor Sports, Soccer, and Tennis |
Technology
Communications, Hardware, Internet, Personal Technology, and Software |
United States
and Crimes and Trials |
World
Africa, Antartica, Asia, Australia, Canada, Europe, Latin America, and Middle East |