Author: Press Room
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chinese chipmakers and technology companies are heading to Malaysia in droves, its economy minister Rafizi Ramli said, as Beijing prepares to face more tariffs when Donald Trump returns as US president this month.The moves by Chinese companies, which are expected to result in billions of dollars of investment in Malaysia in the coming years, would rival the US companies that have dominated the country’s market, he said.“Chinese [companies] are very keen to go outside and expand beyond their domestic market,” Rafizi told…
How much should you withdraw from your retirement savings in 2025 to help pay for your living expenses throughout the year? There are many reasonable answers to this question, some that are fairly straightforward and others that are quite complicated to understand and implement. The right solution for you depends on several factors, including your tolerance for risk, how you’ve invested your savings, and what other sources of retirement income you might have. As a result, there’s no one solution that’s best for all retirees. This post focuses on one method retirees can use to calculate their withdrawal amount. It’s…
This article was written byFollowMuslim Farooque is a leading financial journalist and market analyst with over five years of expertise in covering the stock and cryptocurrency markets. His work has been widely featured on platforms such as Seeking Alpha, InvestorPlace, GuruFocus, BarCharts, TipRanks, and Equities, reaching over 200,000 readers monthly. He delivers data-driven insights that empower investors to make well-informed financial decisions. Muslim is a Chartered Certified Accountant (ACCA), a Fellow Member of ACCA Global, and holds a Bachelor of Science in Applied Accounting and Finance from Oxford Brookes University, UK.Analyst’s Disclosure: I/we have no stock, option or similar derivative…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe IMF has warned that jitters surrounding Donald Trump’s threat to impose trade tariffs were driving up longer-term borrowing costs and would add to pressures facing the global economy in 2025. Speaking to reporters in Washington on Friday, IMF managing director Kristalina Georgieva said global economic policy faced “quite a lot of uncertainty” in 2025, particularly around the trade policy of the world’s largest economy. “That uncertainty is actually expressed globally through higher long-term interest rates,” Georgieva said, although she noted…
The annual Open Enrollment Period ended December 7 and on January 1, another one began. First, the Basics The Medicare Advantage Open Enrollment Period runs from January 1-March 31 and is just for those who elected Medicare Advantage. During this period, they can: Switch to another Medicare Advantage plan with or without prescription drug coverage, or Drop the Advantage plan and return to Part A and Part B automatically with the option to enroll in a stand-alone Part D prescription drug plan. They can also apply for a Medigap policy (Medicare supplement insurance). However, they may be subject to medical…
By Jennifer Nash The economic mover and shaker this week is Friday’s employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the month-over-month change in Total Nonfarm Read the full article here
China’s government bond market has opened 2025 with a clear warning for policymakers: without more determined stimulus, investors expect deflationary pressures to become even more entrenched in the world’s second-largest economy.China’s 10-year bond yield, a benchmark for economic growth and inflation expectations, fell to a record low of less than 1.6 per cent during trading last week and has since hovered close to that level.Crucially, the whole yield curve has shifted downwards rather than steepening, suggesting investors are alarmed about the long-term outlook and not just anticipating short-term cuts to interest rates.“For the long-term [bonds], yields have been trending down…
Last year, Southwest Airlines pilots approved a new contract under which pilots earned a substantial pay increase: a 50% salary increase over the life of the five-year contract. The airline’s 11,000 pilots reportedly were negotiating not just for better pay, but also for improved retirement benefits and disability insurance along with a revised scheduling process. Little did we know that the pilots were successful in improving their retirement benefits by negotiating a key new benefit that includes life income: a cash balance pension plan. As reported by Pensions & Investments, this new market-based cash balance plan began last August under…
Mortgage rates ticked up for the fourth straight week, climbing toward 7% as elevated rates and high home prices continue to snuff out demand in the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.93%, up from last week’s reading of 6.91%. The average rate on a 30-year loan was 6.66% a year ago. “The continued strength of the economy has put upward pressure on mortgage rates, and along with high home prices, continues to impact housing affordability,” said Sam Khater, Freddie Mac’s chief…
Penguin Solutions, Inc. (NASDAQ:PENG) Q1 2025 Earnings Conference Call January 8, 2025 4:30 PM ET Company Participants Suzanne Schmidt – IRMark Adams – CEONate Olmstead – CFO Conference Call Participants Michael Ng – Goldman SachsBrian Chin – StifelNick Doyle – NeedhamAlek Valero – Loop CapitalRustam Kanga – Citizens JMPMadison DePaola – Rosenblatt Securities Operator Good afternoon. Thank you for attending today’s Penguin Solutions First Quarter Fiscal 2025 Earnings Call. My name is Tamia, and I will be your moderator for today’s call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at…
