According to Kirill Dimitriev, chief executive of Russia’s Sovereign Wealth Fund RDIF – “Sputnik V.” Russia’s criticism of the coronavirus vaccine, which supports the controversial name vaccine, is unhealthy, unethical and unproductive. “We are completely transparent and open. There is a very negative story in some western countries, and clearly …
Read More »Billionaire Ray Dalio explained how to invest in China
SINGAPORE: Many investors have cut ties with China in 2020. But a billionaire hedge fund manager has a strategy that starts with “balance”. “The way to play the Chinese market is to build a diversified portfolio first,” Ray Dalio told CNBC’s “Street Signs Asia” on Wednesday. That, he said, means …
Read More »China ready to join FTSE World Government Bond Index in October 2021
A Chinese national flag appears in front of the Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | Sopa Images | Light rocket by Getty Images SINGAPORE – FTSE Russell, the main index provider, said on Thursday that it would add Chinese government bonds to its flagship …
Read More »Trump will block U.S. transactions with Ticket OK, WeChat on Sunday
The Commerce Department announced Friday morning that it would ban U.S. businesses with Chinese-owned social apps WeChat and Ticket ok on Sunday. The announcement comes ahead of a statement expected by President Donald Trump on Friday on whether the government will approve a deal by President Donald Trump to acquire …
Read More »New Zealand’s finance minister expects a strong economic downturn
SINGAPORE – New Zealand is forecasting strong returns to its economy in the three months ending in September, Finance Minister Grant Robertson said on Friday. The country plunged into a deep recession for two consecutive quarters of negative growth, with GDP falling by 13.4 per cent in the quarter between …
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