How To Invest 100k: The 5 Best Ways According to Experts
Synopsis by Bloomberg May 22 23
Four experts share their best ideas to navigate risks in the turbulent economy.Read full article 
Bloomberg: How To Invest 100k: The 5 Best Ways According to Experts
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| Last Updated | Jul 22 23 |
| Total Articles | 11 |
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Enrico Letta: Europe's economy is falling behind, 'we can't wait any longer': In an interview with Le Monde, the former Italian prime minister suggests using ...
lemonde.fr/en/economy/article/2024/04/19/enrico-letta-europe-s-economy-is-falling-behind-we-can-t-wait-any-longer_6668853_19.html
Quick Glance: Europe's Economy Falling Behind: Enrico Letta Urges Action
- Former Italian Prime Minister Enrico Letta suggests using European savings for the green and digital transition, pooling 10% of state aid, and initiating a new recovery plan to help the European economy catch up with the US.
- Letta presented his report on the internal market to the EU-27 in Brussels, highlighting that only a minority of companies and citizens in Europe fully benefit from the internal market, leading to the EU lagging behind the US and China.
- European companies underutilize economies of scale in sectors like energy, telecoms, and financial markets within the internal market. The market fragmentation hinders growth and competitiveness against global counterparts.
- Letta advocates for creating a fifth freedom for research, innovation, and skills within the internal market and updating competition rules in strategic sectors to promote European champions and ensure consumer protection.
IMF predicts 'soft landing' for European economy despite challenges ｜ DPA
nordot.app/1154129614023590910
Europe Faces Twin Blow If ECB and Fed Don’t Cut, Scicluna Warns: The euro zone’s stuttering economy would face a twin blow should interest rates not be lowered ...
bloomberg.com/news/articles/2024-04-19/europe-faces-twin-blow-if-ecb-and-fed-don-t-cut-scicluna-warns
Ukraine’s Allies Fear the Worst and Hope for a Turning Point: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of ...
bloomberg.com/news/newsletters/2024-04-19/ukraine-s-allies-fear-the-worst-and-hope-for-a-turning-point
The ‘brain waste’ of skilled migrants in Europe: A new investigation shows how countries hold back educated people from overseas from working in their fields of ...
ft.com/content/58b9ade8-43b8-4b7a-8f77-d4129123fd07
Subsidy race with US and China would harm Europe’s ailing economy, IMF warns: Fund urges EU to avoid ‘protectionist’ policies and focus on cutting internal trade ...
ft.com/content/0ee289a9-8414-40bb-ac3b-ab6f04bd1f4f
Foreign Investment in China Falls With Cloud Over Growth Outlook: Foreign investment into China slowed for a third straight month in March compared to the same ...
bloomberg.com/news/articles/2024-04-19/foreign-investment-in-china-falls-with-cloud-over-growth-outlook
China’s growing love of luxury watches remains strong, despite economic headwinds
cnn.com/2024/04/19/style/china-luxury-watches/
Elon Musk is heading to India. He could deliver a big win for Tesla and Narendra Modi
cnn.com/2024/04/19/cars/india-elon-musk-visit-investment-intl-hnk/
A 33-year-old man turned a Japanese farmhouse into a mountain Airbnb: Xian Jie Lee moved to Japan to study political science and ended up staying to start an ...
businessinsider.com/man-turned-japanese-farmhouse-into-mountainside-airbnb-2024-4
Arrest proves a common Japanese saying about apologies and police: Last Monday night, at about 7:40 in the evening, a man walked into the Kamori branch of ...
japantoday.com/category/crime/arrest-proves-a-common-japanese-saying-about-apologies-and-police
India-made Daimler’s electric mini truck to hit the road soon: The vehicle will be brought to India from Japan in the form of kits and later assembled at the ...
financialexpress.com/business/express-mobility-india-made-daimlers-electric-mini-truck-to-hit-the-road-soon-3460261/
US weekly jobless claims remain at low level: The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week ...
reuters.com/world/us/us-weekly-jobless-claims-unchanged-low-levels-2024-04-18/
Bitcoin’s latest ‘halving’ has arrived and here’s what you need to know: Bitcoin holding steady at about $63,907 after ‘halving’
theglobeandmail.com/world/article-bitcoins-latest-halving-has-arrived-and-heres-what-you-need-to-know/
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Worsening US debt outlook seen more in gold and bitcoin than in bonds: Concern about the rapidly rising U.S. government debt is partly behind recent surges in ...
reuters.com/markets/us/worsening-us-debt-outlook-seen-more-gold-bitcoin-than-bonds-2024-04-19/
India discussed oil market volatility with OPEC chief, government says: India, the world's third biggest oil importer and consumer, discussed recent trends and ...
reuters.com/markets/commodities/india-discussed-oil-market-volatility-with-opec-chief-government-says-2024-04-19/
BAVERN looking at prospects - nationnews.com: Some vendors in the city are hoping to get their share of the spoils as Bridgetown Market is moved from the Mighty ...
nationnews.com/2024/04/19/bavern-looking-at-prospects/
Japan’s demographic dialogue: A conversation on population: Japan is well-known for being a mostly homogenous nation. However, it’s aging population necessitates ...
japantoday.com/category/features/opinions/japan%E28099s-demographic-dialogue-a-conversation-on-population
IMF urges Bank of Japan to tread cautiously in raising interest rates: The Bank of Japan (BOJ) must tread cautiously in raising interest rates ...
reuters.com/markets/asia/imf-urges-bank-japan-tread-cautiously-raising-interest-rates-2024-04-19/
Ample oil supplies limit impact of MidEast flare-up on prices: Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil ...
reuters.com/markets/commodities/ample-oil-supplies-limit-impact-mideast-flare-up-prices-2024-04-19/
Morgan Stanley consumer IPO banker Passi leaving the bank, sources say: Morgan Stanley's North America head of consumer and retail equity capital markets (ECM) ...
reuters.com/business/finance/morgan-stanley-consumer-ipo-banker-passi-leaving-bank-sources-say-2024-04-19/
ESG: Unilever Scales Back Sustainability Goals: CEO Hein Schumacher is scaling back some commitments on plastics and diversity against a backdrop of wider ...
bloomberg.com/news/features/2024-04-19/esg-unilever-scales-back-sustainability-goals
China set to keep lending benchmark LPRs unchanged in April: China is widely expected to leave benchmark lending rates unchanged on Monday ...
reuters.com/world/china/china-set-keep-lending-benchmark-lprs-unchanged-april-2024-04-19/
Dealer frustration: Will Wolfach's weekly market remain in the castle courtyard in the long term?
bo.de/lokales/kinzigtal/handler-frust-bleibt-wolfachs-wochenmarkt-auf-dauer-im-schlosshof
India's Biocon developing its own version of Wegovy, clinical trial likely next year
reuters.com/business/healthcare-pharmaceuticals/indias-biocon-developing-its-own-version-wegovy-clinical-trial-likely-next-year-2024-04-18/
Quick Glance: Biocon Developing Own Version of Wegovy, Plans Clinical Trial
- Indian pharmaceutical company Biocon is working on developing its own version of Novo Nordisk's popular Wegovy and is likely to conduct a clinical trial next year to enter the growing weight-loss drug market.
- Biocon's CEO, Siddharth Mittal, has expressed the company's intention to develop semaglutide, the active ingredient in Wegovy, for the Indian market, even if it requires a clinical trial.
- Biocon aims to introduce generic versions of weight-loss drugs in emerging markets such as Brazil, Mexico, and Saudi Arabia before the patent for semaglutide expires in those countries in 2026.
- The company is striving to obtain a waiver on clinical trials from Indian regulators and submit bioequivalence studies to demonstrate the effectiveness of their version of semaglutide. Biocon is making significant investments in generics research and development, including peptides for weight-loss drugs.
South Korea to take decisive action if needed to stabilise FX market: South Korea's finance ministry said on Friday that authorities would take immediate and ...
reuters.com/markets/asia/south-korea-finmin-take-immediate-decisive-response-fx-volatility-2024-04-19/
US existing home sales drop in March; median price increases: U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers ...
reuters.com/world/us/us-existing-home-sales-drop-march-median-price-increases-2024-04-18/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Norway's trillion dollar wealth fund posts 107 billion dollar first quarter gain: Norway's sovereign wealth fund, the world's largest, posted a gain of ...
thelocal.no/20240418/norways-trillion-dollar-wealth-fund-posts-107-billion-dollar-first-quarter-gain
Asparagus report discovered years later as an April Fool's joke: 'Asparagus pee with a strawberry smell' was the name of the report published by the Federal ...
stimme.de/ueberregional/panorama/nachrichten/erdbeeren-spargel-bundeszentrum-ernaehrung-aprilscherz-gelogen-studien-ergebnisse-falsch-art-4911248
Shopping in Visselhövede is changing, the weekly market remains popular: In the coming years, the shopping infrastructure in Visselhövede will continue to ...
kreiszeitung.de/lokales/rotenburg/visselhoevede-ort52324/der-visselhoeveder-wochenmarkt-ist-beliebt-trotz-veraenderungen-93019013.html
Vestager defends EU merger rules, says competition creates strong companies: EU antitrust chief Margrethe Vestager on Thursday rejected calls for a shake up of ...
reuters.com/markets/europe/vestager-defends-eu-merger-rules-says-competition-creates-strong-companies-2024-04-18/
Dongdaemun Yupdduk's record sales confirms growing popularity of 'tteokbokki'
koreatimes.co.kr/www/tech/2024/04/419_372998.html
Tatschi's potatoes closes the gap at the Ganderkeseer weekly market: The offer at the weekly market in Ganderkesee is supplemented with the new stand with ...
dk-online.de/lokales/ganderkesee/artikel/tatschis-kartoffeln-schliesst-luecke-auf-ganderkeseer-wochenmarkt-46845422
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Exclusive: JDE Peet's sees coffee industry struggling to meet EU deforestation law
reuters.com/sustainability/jde-peets-sees-coffee-industry-struggling-meet-eu-deforestation-law-2024-04-18/
The Urbach weekly market is popular nationwide: What is its secret?: The Urbach weekly market is popular nationwide: What is its secret? - News from Urbach - ...
zvw.de/lokales/urbach/der-wochenmarkt-urbach-ist-%C3%BCberregional-beliebt-was-ist-sein-geheimnis_arid-802243
Paid articlePaid Carbon price fall deprives Europe's green funds of billions: A drop in the European Union's carbon price this year could mean that a fund intended to be among ...
reuters.com/business/energy/carbon-price-fall-deprives-europes-green-funds-billions-2024-04-18/
EU leaders under pressure to bolster Ukraine’s struggling air defences: The EU’s 27 leaders face mounting pressure to step up efforts to protect Ukraine’s skies ...
euronews.com/my-europe/2024/04/17/eu-leaders-under-pressure-to-bolster-ukraines-struggling-air-defences
EU summit decides on new Iran sanctions: The EU state and government leaders have decided to expand sanctions against Iran. They also promised Ukraine further ...
tagesschau.de/ausland/europa/eu-gipfel-nahost-ukraine-100.html
Oracle to invest over $8 billion in Japan in cloud computing, AI: Oracle said on Wednesday it will invest more than $8 billion over the next 10 years to meet ...
reuters.com/technology/oracle-invest-over-8-bln-japan-cloud-computing-ai-2024-04-18/
Europe's Defense Dilemma: How to Balance Costs and Benefits?: What are the economic impacts of increased security spending in Europe? Euronews highlights the ...
de.euronews.com/business/2024/04/17/europas-verteidigungs-dilemma-wie-wagt-man-kosten-und-nutzen-ab
Turkey: new foreign policy is an opportunity for the EU and the West: After years of a rather confrontational foreign policy, Erdogan is once again focusing on ...
nzz.ch/pro-global/das-tauwetter-in-der-tuerkischen-aussenpolitik-ist-eine-chance-europa-sollte-sie-nutzen-ld.1826664
Quick Glance: Turkey: New Foreign Policy as Opportunity for EU and West
- Erdogan shifts towards a more conciliatory foreign policy and re-engages with the West. Europe should support this reorientation as Turkey remains a key player in the region.
- Turkey recently ratified Sweden's NATO membership and was rewarded with the promise of new fighter jets from the US Congress.
- Turkey aims for relaxation in relations with Greece and in the conflict between Azerbaijan and Armenia. However, the reliability of this new harmony remains uncertain.
- Turkey relies heavily on the EU economically and seeks a new customs agreement. Its flexible approach in foreign policy is evident, especially in the Middle East and North Africa.
Japan’s China Reckoning: Why Tokyo Must Strengthen Its Ties to Democratic Allies: Why Tokyo must strengthen its ties to democratic allies.
foreignaffairs.com/china/japans-china-reckoning
Paid articlePaidQuick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
China GDP Latest: Factory-Led Growth Complicates Relations With US, Europe: I’m Katia Dmitrieva, Asia economics correspondent in Hong Kong. Today ...
bloomberg.com/news/newsletters/2024-04-16/china-gdp-latest-factory-led-growth-complicates-relations-with-us-europe
European banks will struggle to get much ‘strategic’ love: Banking federation is calling for a more consistent set of rules across the EU
ft.com/content/1fb62a1b-44a0-4237-a327-59a1c456e6a9
50 years after the milk powder scandal: experts find high sugar levels in Nestlé's baby food
spiegel.de/wirtschaft/nestle-experten-finden-hohe-zuckerwerte-in-babynahrung-a-9fcf128b-9572-4ee5-89f1-72077df19b5c
European stocks suffer worst day in nine months : Strength of US economy prompts investors to scale back expectations for rate cuts
ft.com/content/c6b6b4f7-fb87-40b4-a062-00eef8a8e6fa
TSMC's first quarter profit rises 9%, beats forecasts: TSMC , the world's largest chipmaker and a major Apple and Nvidia supplier, forecast second-quarter sales ...
reuters.com/technology/tsmc-set-report-5-rise-first-quarter-profit-strong-ai-chip-demand-2024-04-18/
91% of foreigners want to keep working in Japan, but weak yen taking toll: survey - The Mainichi
mainichi.jp/english/articles/20240417/p2a/00m/0bu/019000c
A record three million foreigners visited in March: More than three million foreigners visited Japan in March, a record for a single month ...
thestar.com.my/aseanplus/aseanplus-news/2024/04/18/a-record-three-million-foreigners-visited-in-march
UN forum calls for more funding, steps towards slavery reparations: A United Nations forum on people of African descent opened on Tuesday with calls for extra ...
reuters.com/world/un-forum-calls-more-funding-steps-towards-slavery-reparations-2024-04-16/
Exclusive: Abu Dhabi Islamic Bank in talks to buy $1.1 bln stake in Indonesian lender, sources say
reuters.com/markets/deals/abu-dhabis-largest-islamic-bank-talks-buy-11-bln-stake-indonesian-lender-sources-2024-04-17/
Why hasn't Japan moved to prop up the weak yen?: Even though the yen has already far exceeded the level that prompted action in October 2022 ...
japantimes.co.jp/business/2024/04/17/markets/yen-intervention/
Germany's economy remains the most distressed in Europe: France and Germany's economies are the worst-performing in Europe, while the UK is seen as ...
euronews.com/business/2024/04/16/germanys-economy-still-seen-to-be-suffering-the-most-in-europe
Borrell: EU must change defence paradigm and start defending itself: Josep Borrell, the European Unions High Representative for Foreign Affairs and Security ...
pravda.com.ua/eng/news/2024/04/15/7451308/
K-pop stocks have sold off this year, but Goldman sees a turnaround: The K-Pop market is 'misunderstood', says Goldman Sachs, and it is on track for further ...
cnbc.com/2024/04/17/goldman-sachs-sees-turnaround-for-kpop-stocks.html
Europe's Trumpists warm up for EU elections with series of rallies: Leading Eurosceptics are ready to shake up June’s EU election campaign with a set of rallies ...
euractiv.com/section/elections/news/europes-trumpists-warm-up-for-eu-elections-with-series-of-rallies/
Insight: Losing hope of rescue, some European solar firms head to US: European governments due to move to support their solar power manufacturers this week will ...
reuters.com/business/energy/losing-hope-rescue-some-european-solar-firms-head-us-2024-04-15/
Fragmented Europe to make new bid for US-style capital market: After years of struggling to raise capital in European Union markets, Mews - a hospitality ...
reuters.com/markets/europe/fragmented-europe-make-new-bid-us-style-capital-market-2024-04-15/
Germany's Scholz in China: we want fair auto market but no dumping: German Chancellor Olaf Scholz on Monday pressed his case for an open and fair European market ...
reut.rs/446ocGM
iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Europe trails China and US after ‘monumental’ energy mistakes, IEA chief says: Intervention comes as EU leaders prepare to debate bloc’s economic competitiveness
ft.com/content/5009e314-fc27-4d7f-8e42-9dbede842991
The myth of Chinese overcapacity: Early in the morning, factory whistle blows Man rises from bed and puts on his clothes Man takes his lunch ...
asiatimes.com/2024/04/the-myth-of-chinese-overcapacity/
SpaceX Preps for Global Tests of Cellular Starlink System: The company asks the FCC for clearance to test the cellular Starlink technology in several other ...
pcmag.com/news/spacex-preps-for-global-tests-of-cellular-starlink-system
Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says: Apple's smartphone shipments dropped about 10% in the first quarter of 2024 ...
reuters.com/technology/apple-loses-top-phonemaker-spot-samsung-iphone-shipments-drop-idc-says-2024-04-15/
From Indonesia to Japan, dollar's rising strength raises global alarm: TOKYO -- Countries across the globe are becoming increasingly wary of the growing ...
asia.nikkei.com/Economy/From-Indonesia-to-Japan-dollar-s-rising-strength-raises-global-alarm
Paid articlePaid Biden-Kishida summit drives home U.S.-Japan economic union: The leaders used their meeting to bake economic cooperation into the allies' relationship in hopes of ...
japantimes.co.jp/business/2024/04/15/kishida-biden-business-ties/
Yellen Says Nothing Off Table in Response to China Overcapacity: Treasury Secretary Janet Yellen said the US wouldn’t take “anything off the table” in response ...
bloomberg.com/news/articles/2024-04-14/yellen-says-nothing-off-table-in-response-to-china-overcapacity
Paid articlePaid EU leaders to hear shake-up needed to match global rivals: European Union leaders will hear on Thursday how the bloc could act to catch up to the United States ...
reuters.com/technology/eu-leaders-hear-shake-up-needed-match-global-rivals-2024-04-18/
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
Paid articlePaid Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say: EU antitrust regulators have concluded that Microsoft's $13 billion investment into ...
reuters.com/technology/microsofts-13-bln-openai-deal-avoid-formal-eu-probe-bloomberg-news-reports-2024-04-17/
Oil stabilizes after sharp drop on demand concerns, easing of Middle East tension
reuters.com/business/energy/oil-inches-up-after-us-reimposes-venezuela-oil-sanctions-2024-04-18/
US, Japan, Korea finance leaders agree to consult on foreign exchange, market developments
reut.rs/3W3Hbj3
Exclusive: Daniel Kretinsky explores bid for Royal Mail owner, sources say: Czech billionaire Daniel Kretinsky has been exploring a possible bid for the owner of ...
reut.rs/4aX5jrR
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