Is ocean conservation the next climate tech? 7 investors explain why they’re all in
The oceans are often overlooked by investors, but in recent years, there has been a shift in perspective. With a majority of the planet covered by the oceans, there are plenty of opportunities for investors to find niches with both financial and environmental upsides. Investors are focusing on new problems like plastic pollution, and old […]
Wall St inches higher as investors focus on Fed minutes
Wall Street\’s main indexes edged up on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve\’s policy meeting. The minutes are expected to detail the debate at the central bank about the rate hike path, with some members expecting inflation to reach 2% this year. Money […]
KSE-100 rises 0.53% as investors remain hopeful for revival of IMF deal
The Pakistan Stock Exchange (PSX) saw a surge on Wednesday, with the benchmark index rising 0.53% to close above the 41,000-point mark. The increase was driven by investor optimism over the potential revival of the International Monetary Fund (IMF) programme. Sectors driving the benchmark KSE 100 index north included banking, cement and power generation and […]
Investors increase bets on ECB lifting rates to all-time high
Investors are betting the European Central Bank will raise interest rates to all-time highs, spurred on by the eurozone economy’s resilience and signs that inflation could prove tougher to rein in than expected. The Frankfurt-based central bank, widely seen as one of the world’s most dovish during its eight-year experiment with negative borrowing costs, is […]
Gold tiptoes higher as investors focus on Fed minutes
Gold prices rose marginally on Wednesday, as investors awaited minutes of the US Federal Reserve’s latest policy meeting to assess prospects of further interest rate hikes. Spot gold was up 0.1% at $1,835.40 per ounce, as of 0334 GMT. US gold futures firmed 0.1% to $1,845.10. Bullion is seen as a hedge against inflation, but […]