Wealth Growth Daily

June 16, 2024

Temasek to invest up to $198 million in Australian ETF manager Betashares

BY Reuters  • June 16, 2024June 17, 2024
(Reuters) – Singapore-based investment firm Temasek Holdings will invest up to A$300 million ($198.4 million) in Australian exchange-traded fund manager Betashares, the company said on Monday. T[...]
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Morning Bid: Bracing for Chinese data deluge

BY Reuters  • June 16, 2024June 16, 2024
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The monthly Chinese ‘data dump’ kicks off the global trading week on Monday, with the slew of top-tier indicat[...]
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Fed’s Kashkari says it’s ‘reasonable’ to predict December rate cut

BY Reuters  • June 16, 2024June 16, 2024
By Ann Saphir (Reuters) -Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “reasonable prediction” that the U.S. central bank will cut interest rates once thi[...]
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Retail stocks search for direction as rates stay high

BY Reuters  • June 16, 2024June 16, 2024
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight m[...]
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Chile says Saudi mining minister to visit, lithium expected on agenda

BY Reuters  • June 16, 2024June 16, 2024
SANTIAGO (Reuters) – Chile’s government said on Saturday that Saudi Arabia’s mining minister will travel to the Latin American country in July and plans to meet with his counterpart[...]
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