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Finance

Chinese investors ditch property for jade in search of higher returns

Sell-offs of Chinese equities and bonds and widespread defaults in the country’s property market are driving wealthy investors to re-examine one of Asia’s most traditional forms of investment — jadeite. A coup in Myanmar, US sanctions and the Covid-19 pandemic have all but frozen supplies of the uncut stone, sending prices of finished jewellery bearing […]

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Technology

Citrix Systems, Inc. (NASDAQ:CTXS) Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its stake in shares of Citrix Systems, Inc. (NASDAQ:CTXS – Get Rating) by 18.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,206 shares of the cloud computing company’s stock after buying an additional 3,115 shares […]

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US

Down 73%, Should Investors Buy Unity Software to Capitalize on the Metaverse? | The Motley Fool

By now, most people have heard of the metaverse — it’s all over the internet. After all, this idea of a digital world backed by complex technologies like virtual reality (VR), augmented reality (AR), artificial intelligence (AI), and blockchain is an extraordinarily captivating subject matter. One area in particular that is intimately connected to the […]

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US

Crunchbase’s Web3 Tracker: Follow The Startups, Investors And Tech Powering The Next Generation Of The Internet

Editor’s Note: Today, Crunchbase News is launching Crunchbase’s Web3 Tracker, a new site to look at startups, investors and funding news concerning all aspects of Web3, cryptocurrencies and blockchain. Powered by Crunchbase’s comprehensive data, this site will be continuously updated as the next iteration of the internet grows. We hope this data and our analysis […]

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Finance

Yen rises to 2-month high as investors slash short bets

The yen surged to a two-month high against the US dollar on Tuesday as leveraged investors slashed short positions to reassess inflation risk, recession fears and intensifying market volatility. Dealing rooms in Tokyo opened on Tuesday to a dollar-yen rate of about ¥130.5 — a level significantly higher than ¥133 where it had traded on […]

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Finance

Investors worry that India has passed ‘peak outsourcing’

Investors are worried that the juggernaut of Indian industry that is IT outsourcing is slowing down. Shares in Tata Consultancy Services, the back-office group that is the country’s second-biggest company by market capitalisation, have fallen 14 per cent since the start of the year, compared with 6 per cent for the benchmark Nifty 50. Rival […]

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Business

Watch now: ETF Edge on investors favoring defensive products… but thirsting for single-stock ETFs

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer […]

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Business

Treasury yields climb to start August as investors weigh recession prospects

U.S. Treasury yields rose on Monday to begin August as investors continue to assess the prospects for an economic recession. At around 6:22 a.m. ET he yield on the benchmark 10-year Treasury note was up at 2.658% while the yield on the 30-year Treasury bond climbed to 3.02%. Yields move inversely to prices. The 2-year […]

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Finance

Investors pressure UV protective gear maker Beneunder to downsize HK listing

Investors are putting pressure on a Chinese UV protective gear maker valued at $3bn to downsize its planned listing in Hong Kong over concerns the company’s advertising-heavy business model is unsustainable. Beneunder Limited, a Sequoia China-backed company that produces outdoor wear, has built its success tapping into some consumers’ desire for fairer skin. It filed […]

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Business

Sustainable ESG strategies: What eco-conscious ETF investors may need to know

Venturing into sustainable funds is a growing trend for eco-conscious investors. There are now more than 550 ESG funds, which allocate according to environmental, social and governance issues, according to Morningstar. “We’re seeing an evolution of sustainable products right now,” said Jon Hale, global head of sustainability at Morningstar, in an interview Monday on CNBC’s […]