INCOME from lower-risk investments is a highly prized attribute, but it is elusive. As at mid-December an estimated US$18 trillion of government debt is negative yielding globally, of which investment grade debt's share is 27 per cent.
INVESTMENT into the region may be down thanks to the Covid-19 pandemic, but UOB's foreign direct investment (FDI) advisory team still sees strong interest from companies according to Ian Wong, head of group international management at UOB.
Brazil's securities industry watchdog CVM is expected to launch an investigation on Monday following the announcement by President Jair Bolsonaro of the change of CEO at state-controlled oil company Petrobras, according to one source with knowledge of the matter.
Bitcoin continued gaining on Sunday, rising to a fresh high and extending a two-month rally that took its market capitalization above US$1 trillion on Friday.
New Zealand will use its platform as host of the Asia-Pacific Economic Cooperation (APEC) forum in the coming months to seek a global approach to COVID-19 vaccinations that would eliminate tariffs on goods needed to fight the coronavirus.
White house national security adviser Jake Sullivan said on Sunday the United State will respond to the SolarWinds hack that hit several government agencies last year in "weeks, not months," as the United States investigates the suspected Russian hack.
White house national security adviser Jake Sullivan said on Sunday the United State will respond to the SolarWinds hack that hit several government agencies last year in "weeks, not months," as the United States investigates the suspected Russian hack.
Electric hypercar maker Rimac Automobili and Volkswagen's supercar brand Bugatti are a good technological fit, Porsche AG's CEO told German weekly Automobilwoche, fuelling hopes that a deal between the two could happen soon.
Thanks in part to Brexit, Lithuania is becoming a fintech hub as a growing number of UK-linked digital financial companies are getting licences there so they can continue to operate in the European Union.
Germany, which is known for strict budgets, has tapped debt markets to prop up its virus-hit economy, while neighbouring Switzerland has consistently curbed borrowing despite calls to change course.
