Benchmark stock indices Sensex and Nifty surged nearly 1 per cent on Monday as investor sentiment remained positive amid foreign fund inflows and a rally in global markets on expectations of further monetary policy easing by the US Federal Reserve.Photograph: Shailesh Andrade/ReutersBuilding on the previous session's rally, the 30-share BSE Sensex jumped 638.12 points or 0.75 per cent to settle at 85,567.48.During the day, it surged 671.97 points or 0.79 per cent to 85,601.33.The 50-share NSE Nifty climbed ...

Digital assets companies achieved a breakthrough with the passage of a light-touch regulatory law for dollar-pegged stablecoins, clearing the way for broader use of the technology in everyday finance. An industry drive for a broader rewrite of securities and commodities laws to set up favorable regulation of cryptoassets is moving closer to the finish line. A $263 million campaign war chest the crypto industry has amassed in super-PACs is sure to help.Energy companies secured a tax break worth more than $1 ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: The Federal Reserve Board on Friday voted to seek public comment on what would be a new, limited-use bank payment account that could be used by eligible banks and credit unions, according to a press release from the central bank that day. The vote in favor was 6-1, with a dissenting vote from Federal Reserve Gov. Michael Barr, who said in a separate ...

HSBC hires former Citi executive Ida Liu to run its global private banking business, sources say https://t.co/BodfrBdN0r ...

Group 1 - The traditional method of relying solely on bank deposits for asset appreciation is becoming unrealistic due to the downward trend in market interest rates, leading to lower bank deposit returns [2] - Three alternative asset options are suggested that have been proven to be relatively stable and yield better returns than current and short-term deposits [2] - Money market funds, such as "baby products," have a median seven-day annualized yield of 1.24%, with top funds like Tianhong Yu'ebao maintaining around 1.014%, providing a potential return of approximately 1,000 to 1,240 yuan for a 100,000 yuan investment over a year [2] Group 2 - Gold assets, including gold ETFs or physical gold, are recommended as a traditional hedge against uncertainty and inflation, with a suggested allocation of no more than 20% of idle funds, equating to 20,000 yuan for a 100,000 yuan investment [3] - The demand for gold typically increases during global economic uncertainty and geopolitical conflicts, supporting gold prices [3] - Caution is advised regarding short-term trading in gold due to price volatility, and a long-term holding strategy is recommended to avoid losses from short-term fluctuations [3] Group 3 - Mid to low-risk bank wealth management products are another option, with yields generally ranging from 2% to 3%, potentially generating returns of 2,000 to 3,000 yuan on a 100,000 yuan investment over a year [4] - It is important to understand that not all wealth management products labeled as mid to low risk are the same, as some may involve significant bond investments that carry slight volatility risks [4] - With increasing regulatory oversight, banks are now providing real-time updates on product net values, emphasizing the need for thorough understanding of product details before investing [4]

There are precious few trading days left in 2025. If history is your guide — and you share the cheery disposition of the season’s round-bellied, red-cheeked representative — you might be in luck. Signs of the year-end, so-called Santa Claus rally may have emerged late last week amid investors’ concern that a rough December would leave them with the proverbial coal in their stock holdings this Christmas. SUBSCRIBE:  Receive more of our free The Daily Upside newsletter. READ ALSO: Backed by ‘Bank of Dad,’ ...

Key TakeawaysAlphaValue has raised its price target for Merck KGaA (MRKGY) to €183 from €177, signaling a recalibrated positive view on the stock's fundamentals.J.P. Morgan (JPM) has revised its price target for RH (RH) downwards to $225 from $275, citing gross margin impacts and a potential "reset" by management.Asian markets experienced broad gains, mirroring a rise on Wall Street, driven by easing fears surrounding artificial intelligence (AI) and optimistic expectations for Federal Reserve interest rate ...

Edward Fishwick is stepping down as BlackRock’s chief risk officer, as reported by Risk.net. Fishwick, who has been CRO since 2022, is understood to be moving to the asset manager’s risk and quantitative analysis (RQA) group, where he will head research. He will be based in London. Fishwick previously co-headed the RQA group in London for 15 years.Pierre Sarrau will become CRO in the new year. Sarrau is currently co-head and chief investment officer for multi-asset strategies and solutions, and head of act ...

Core Viewpoint - Jiangxi Province is actively exploring the realization of ecological product value, particularly in financial empowerment for the "Two Mountains" transformation, establishing replicable experiences and models for broader application [1] Group 1: Natural Resource Asset Financing - Jiangxi is investigating a new model for financing through the pledge of natural resource asset combinations, creating a database to assess the overall situation of state-owned natural resources [2] - The province aims to enhance market competitiveness by packaging high-quality natural resource assets, achieving a synergistic effect of "1+1>2" [2] - A pricing standard for natural resource assets has been established, with third-party evaluations determining asset values, ensuring that the "net asset" transfer conditions are met [2] Group 2: Ecological Product Value Loans - Jiangxi is developing a green loan model for specific regional ecological product values (VEP), addressing measurement difficulties through standardized accounting and evaluation policies [3] - The province has created a digital management platform for ecological product total value (GEP) and established a VEP accounting indicator system reflecting local characteristics [3] - VEP revenue rights are being issued as collateral for financing, with guidelines for VEP revenue right pledge loans to facilitate acceptance by financial institutions [3] Group 3: Forestry Revenue Rights Financing - Jiangxi is promoting policies to convert forestry operating revenue rights into capital, encouraging local governments to develop financial support plans for forestry revenue right pledge loans [4] - A value assessment parameter table for forestry revenue rights has been created to clarify evaluation factors such as product types and expected returns [4] - The province is enhancing risk-sharing mechanisms through government incentives and innovative insurance products, reducing guarantee rates to 0.44% [4]

Core Insights - Preferred shares have been utilized for over 200 years, with the Pennsylvania Railroad Company issuing perpetual preferreds at a 6% coupon in 1878 to raise capital without diluting shareholders [1] Group 1: Investment Strategy - The service led by Rida Morwa focuses on sustainable income through high-yield investments, targeting a safe +9% yield [1] - Features of the service include a model portfolio with buy/sell alerts, preferred and baby bond portfolios for conservative investors, and regular market updates [1] Group 2: Community and Education - The service emphasizes community and education, promoting the belief that investors should not invest alone [1]