newszine

Father Figures: Dad’s best financial advice

1 day ago NAMEX Comments Off on Father Figures: Dad’s best financial advice
NEW YORK (Reuters) – Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines. FILE PHOTO: Actor Rob Riggle attends the world premiere of “12 Strong” in Manhattan, New York City, U.S. January 16, 2018. REUTERS/Andrew Kelly/File Photo Another inheritance, perhaps the most impactful of all: Money Read More

Australian regulator slaps stricter conditions on AMP’s pension funds, shares fall

1 day ago NAMEX Comments Off on Australian regulator slaps stricter conditions on AMP’s pension funds, shares fall
SYDNEY (Reuters) – Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its compliance with superannuation laws, sending its shares down more than 4%. FILE PHOTO: The logo of Australia’s biggest wealth manager, AMP Ltd, adorns their head office building in Sydney, Australia, Read More

New appointments into the EMD board of directors

1 day ago NAMEX Comments Off on New appointments into the EMD board of directors
Press Release Jaap van Vreden, Sourcing and Procurement Director at Russian Retailer Lenta appointed new Board member Axfood Manager Johan Neuman elected new Vice-Chairman Maniele Tasca, President of ESD Italia continues as Chairman New appointments into the EMD board of directors Pfäffikon/Switzerland. European Marketing Distribution AG (EMD) announces several changes to positions within its Board Read More

Recession probabilities rise 40-45% in six months: DoubleLine’s Gundlach

1 day ago NAMEX Comments Off on Recession probabilities rise 40-45% in six months: DoubleLine’s Gundlach
FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the probabilities of a recession have moved up 40-45% in six months and 65% in one year. Read More

U.S. recession odds rise to 40-45% in six months: DoubleLine’s Gundlach

1 day ago NAMEX Comments Off on U.S. recession odds rise to 40-45% in six months: DoubleLine’s Gundlach
(Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months have risen to 40-45% and the odds were 65% within the next year. FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Read More

Australia’s AMP to comply with additional requirements from regulator

1 day ago NAMEX Comments Off on Australia’s AMP to comply with additional requirements from regulator
FILE PHOTO: The logo of AMP Ltd, Australia’s biggest retail wealth manager, adorns their head office located in central Sydney, Australia, May 5, 2017. REUTERS/David Gray SYDNEY (Reuters) – Australian wealth manager AMP Ltd on Friday said it would implement additional license conditions dictated by the prudential regulator on its pension fund units. The Australian Read More

Burnout Nation: How companies are de-stressing workforces

2 days ago NAMEX Comments Off on Burnout Nation: How companies are de-stressing workforces
NEW YORK (Reuters) – No matter who you are or what you do, let me take a wild guess: You feel a little burned out right now. FILE PHOTO: A trader looks at his screen on the IG Group trading floor in London March 18, 2013. REUTERS/Neil Hall Was I right? If so, you are Read More

Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion

2 days ago NAMEX Comments Off on Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion
(Reuters) – U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv’s Lipper, as the United States and Mexico struck a deal to avert tariffs. U.S.-based high-yield junk bond funds – which move in sympathy with equity flows – Read More

Factbox: Safe havens emerge in China, South Asia as recession risks grow

2 days ago NAMEX Comments Off on Factbox: Safe havens emerge in China, South Asia as recession risks grow
HONG KONG/SYDNEY (Reuters) – Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold. But in Asia, investors are exploring new sanctuaries, from Chinese consumer stocks to Thai government bonds, some of which have thrived Read More

First ‘Pay As You Go’ legal bundling tool for law firms as Zylpha partners with LEAP

2 days ago NAMEX Comments Off on First ‘Pay As You Go’ legal bundling tool for law firms as Zylpha partners with LEAP
The leading legal systems innovator Zylpha (www.zylpha.com) has partnered with LEAP, the leading practice management software provider (www.leap.co.uk), to launch the legal profession’s first integrated pay as you go (PAYG) document bundling system. This new Zylpha service is helping to drive efficiency across law firms using the cloud-based platform. Priced per ‘bundle project’, the partnership Read More