Funds Asia - QuikReader

The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike

The creator of a fund designed to punish companies engaging in diversity, equity and inclusion activities says the Republican sweep hasn’t really deterred companies as much as has been suggested.

MarketWatch - 9h

Germany's Scholz under fire over funding for Ukraine aid package

Yahoo News - 9h

Bond funds are offering a ‘double whammy’ for investors

Many of these funds are trading at deep discounts and may have tempting distribution yields

MarketWatch - 9h

Managers roll out record number of defence funds in Asia-Pacific

A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023

Financial Times - 18h

Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable

Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...

The Guardian - 2d

The class-action suit against Israel's funding defies law and logic

Their case is entirely without legal merit.

The Hill - 3d

These companies are pledging millions in funds, supplies to help LA fire victims

Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.

ABC News - 4d

Why this fund manager is fighting higher inflation with dividend stocks

These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.

MarketWatch - 5d

Michael Sheen to fund new national theatre for Wales

The actor says he is putting everything behind starting Welsh National Theatre.

BBC News - 6d

These tips for investing in mutual funds and ETFs can guide your money decisions

Don’t miss these top money and investing features.

MarketWatch - 6d

Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief

Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.

Inc. - Jan. 9

Microsoft contributes $1 million to Trump's inauguration fund

Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.

CNBC - Jan. 9

UK charity that raised funds for Israeli soldier given warning

Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donation

Financial Times - Jan. 9

Google and Microsoft donate $1m each to Trump’s inaugural fund

Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...

The Guardian - Jan. 9

Germany needs €150bn fund to revamp infrastructure, chairman says

Yahoo News - Jan. 9

Asia's central banks face a formidable challenge: An ascendant U.S. dollar

A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.

CNBC - Jan. 9

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - Jan. 8

U.S. Funding Dispute With World Anti-Doping Agency Boils Over

After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.

The New York Times - Jan. 8

Taxpayer Advocate urges Congress to preserve IRS funding for service, technology

The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.

CNBC - Jan. 8

Trump's unpredictable streak puts Asia on edge

Adm. Samuel Paparo, commander of all U.S. naval forces in the Indo-Pacific, was tongue-tied. Addressing a conference of military and national security professionals in November, he stumbled and ...

The Hill - Jan. 8

Active mutual funds struggle to beat large-cap stock benchmarks — again

Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.

MarketWatch - Jan. 8

AI Startup Anthropic Raising Funds Valuing It at $60 Billion

The Amazon-backed OpenAI rival was valued at $18 billion last year.

The Wall Street Journal - Jan. 7

Johnson says no cuts to Social Security and Medicare to fund Trump's agenda

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.

ABC News - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

Hims & Hers donates $1 million to Trump's inauguration fund

OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.

CNBC - Jan. 7

Trump backtracks from 'one big, beautiful bill' to fund his agenda

After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.

ABC News - Jan. 6

Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi

Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...

The Guardian - Jan. 6

FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds

Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problem

Financial Times - Jan. 6

Private equity to lobby Trump for access to savers’ retirement funds

Industry hopes incoming administration will open long-restricted private investments to individual investors

Financial Times - Jan. 6

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - Jan. 4

How filmmakers and actors in Asia and the Asian diaspora are expanding representation

It’s vastly different to work as an Asian actor in North American hubs such as Toronto, Los Angeles and New York — than in those in Asia, including Hong Kong and Taipei

ABC News - Jan. 3

Blinken heads to Asia, Europe on last expected trip as top US diplomat

Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, traveling to South Korea, Japan and France

ABC News - Jan. 3

Streeting to unveil extra funding for English hospitals that cut waiting times fastest

Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’

Financial Times - Jan. 4

Helping boomers spend their retirement funds is harder than it sounds

Worries about running out of money makes people frugal and wary of taking any big pension decisions

Financial Times - Jan. 3

Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024

The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.

CNBC - Jan. 2

Hedge funds Citadel and Millennium gain 15% in 2024

Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industry

Financial Times - Jan. 2

China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%

China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.