A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker | In Pictures | Getty ImagesLONDON — Inflation in the U.K. dropped sharply to 1.7% in September, the Office for National Statistics said Wednesday.Economists polled by Reuters had expected the headline rate to come in at a higher 1.9% for the month, in the first dip of the print below the Bank of England’s 2% target since April 2021.Inflation has been hovering around that level for the last four months, and came in at 2.2% in August.Core inflation, which excludes…
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LONDON (Reuters) -Britain said on Wednesday India’s cooperation with Canada’s legal process was “the right next step” in the ongoing diplomatic row between the two countries, adding that it had full confidence in Canada’s judicial system. Canada on Monday linked India’s high commissioner and other diplomats to the murder of Sikh leader Hardeep Singh Nijjar on its soil and accused New Delhi of a broader effort to target Indian dissidents in Canada. India, which has long denied the accusations, retaliated by ordering the expulsion of six high-ranking Canadian diplomats including the acting high commissioner. “We are in contact with our…
Building robust income generation portfolios From a multi asset perspective, it is best to diversify sources of returns and income generation across a broad range of asset classes. “This can allow us to build robust portfolios that may benefit from medium-term asset appreciation but are also able to withstand unforeseen economic shocks,” says Amato. We believe dividend growth can be a winning strategy due to the benefits of compounding, while the current environment is also conducive to finding optimal value in fixed income. Valuation and behavioural analysis play a key role in identifying possible opportunities across markets and geographies. Looking at the fundamentals…
Image source: Getty Images The FTSE 100’s Coca-Cola HBC (LSE: CCH) has dipped since its 31 July 12-month traded high of £28.52. I think this is mainly due to profit-taking after a 36% rise from its 12-month traded low of £20.65. Nonetheless, it appears a rare chance to consider buying the shares for investors who think it fits their overall portfolio aims. What are its growth prospects? Ultimately, rising earnings will power increases in a firm’s share price and dividend over time. In theory, the business looks full of promise to me, as a strategic bottling partner of The Coca-Cola Company.…
Diversification is touted as the only free lunch in investing, and so it goes that geographical diversification should benefit investors. Yet international stocks have not rewarded anyone for their patience in recent decades. It’s only worsened: Both developed- and emerging-markets stocks have consistently trailed their US counterparts since the 2010s. Many US investors have cut back on their stake in international markets, especially in the face of soaring US equities performance. But could there still be a case for international diversification?This Time Won’t Be DifferentIf we’re looking only at recent decades, the answer seems to be a definitive no. Even…
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered near two-month peaks versus major peers on Wednesday, supported by expectations the Federal Reserve will proceed with modest interest rate cuts and a rise in betting odds for a second Donald Trump presidency. The euro edged lower with the European Central Bank widely expected to cut interest rates on Thursday, while the yen was checked by cautious comments from a Bank of Japan official. The Australian and New Zealand dollars sagged as scepticism widened over stimulus from top trading partner China. The – which measures the currency against the euro,…
(Bloomberg) — Investors in chip stocks are facing a fresh gut check after a tepid outlook from key equipment supplier ASML Holding NV sparked a global rout in the sector.Most Read from BloombergCombined market value losses for an index of US-traded chipmakers plus the largest Asian stocks reached more than $420 billion.The warning from Netherlands-based ASML halted a rally that had pushed a gauge of US-traded shares to a three-month high. Nvidia Corp. sank nearly 5% on Tuesday, after reaching a record close earlier this week on reduced concern over production issues with its newest artificial intelligence product.ASML’s shares tumbled…
Image source: Getty Images The London Stock Exchange is home to hundreds of dividend stocks. Many of these income-generating businesses can be found in countless income portfolios, with one particular group earning extreme popularity – Dividend Aristocrats. The Aristocrats are the companies that have consistently hiked shareholder payouts each and every year for decades. And with management teams eager to retain this title, these investments are often considered some of the ‘safest’ in the world of stocks when hunting down passive income. 5 top Aristocrats in the FTSE 100 Right now, there are currently 11 Aristocrat stocks within the UK’s…
NEW YORK and LONDON and COPENHAGEN, Denmark, Oct. 16, 2024 /PRNewswire/ — In a move to enhance client services globally, Danske Bank has implemented Broadridge Financial Solutions (NYSE:), Inc.’s (NYSE: BR) leading global proxy voting technology. The Broadridge solution streamlines the proxy voting process and ensures greater accuracy and speed, enabling Danske Bank’s clients to make more informed and timely investment decisions. The implementation extends the trusted strategic relationship between Danske Bank and Broadridge. Earlier in 2024 Broadridge announced that Danske Bank had selected Broadridge’s multi-asset trading and market making solution, Tbricks, to support multi-asset trading, pricing and position…
PineBridge Investments is sticking to its stance of avoiding Indian sovereign bonds, which have turned into a favorite pick among global investors this year, amid bureaucratic challenges of investing locally and a preference for higher carry in Latin America. Source link