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February 2024
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Financial Times (February 22)

2024/ 02/ 23 by jd in Global News

“The benchmark Nikkei 225 index finally broke through its “iron coffin lid” to surpass its long-standing record 1989 closing price of 38,915 points, which was set when 15 of the world’s largest companies by market cap were Japanese. “The Nikkei has risen 16.6 per cent since the start of the year, making it the world’s best-performing major index, as a falling yen lures foreign investors” and strengthens the performance of exporters.”


South China Morning Post (February 7)

2024/ 02/ 08 by jd in Global News

“China’s state security ministry has stepped forward to warn those who disseminate ‘short’ views on the country’s economic and market prospects.” Based on this year’s performance, “excessive information manipulation has backfired and frightened away investors” from Chinese stocks on the Shanghai and Hong Kong exchanges. “To investors, a one-sided story, no matter how good it may look on the surface, is not trustworthy if there’s no counter-balance…. The rational response would be to stay away.”


Institutional Investor (January 22)

2024/ 01/ 23 by jd in Global News

“Bloomberg terminal users got a research boost on Monday just in time for earnings season: summaries and analysis of company performance written by artificial intelligence.” From Monday, all users will be able to access generative AI summaries “designed to help analysts save time absorbing earnings data and transcripts by highlighting key points. They will be available immediately for companies in the Russell 1000 and the top 1000 companies in Europe.”


South China Morning Post (January 16)

2024/ 01/ 17 by jd in Global News

Disappointing performance has marked Hong Kong’s stock market in 2024. “The Hang Seng Index hit a fresh 14-month low and has lost 2.3 per cent this week on top of a 4.7 per cent loss in the first two trading weeks of 2024.” Investors remain worried about “the strength of the mainland economy” so “it’s possible for the Hang Seng Index to test new lows under selling pressure.”


Institutional Investor (October 10)

2022/ 10/ 11 by jd in Global News

“Hedge fund performance dispersion widened last month…. Returns for the top hedge funds in September far exceeded those at the bottom. The top decile of hedge funds in HFR’s HFRI 500 index gained an average of 6.4 percent last month, while the bottom decile of funds fell 14.3 percent.”


Motley Fool (July 2)

2022/ 07/ 03 by jd in Global News

“During the first six months of 2022, the S&P 500 dropped 20.6%, marking its worst first-half performance since 1970” while “the Dow had its largest first-half drop since 1962” and “the Nasdaq… had its largest percentage drop in its history.” This has left “a lot of investors worried, and understandably so. But while things might seem bleak right now, the reality is that investors really shouldn’t panic.”


New York Times (May 2)

2022/ 05/ 02 by jd in Global News

“The recent performance of the stock market, which in April took its biggest monthly dive in two years, is hinting at economic trouble ahead, and is the latest complication in the Fed’s fight against inflation.”


Washington Post (May 5)

2021/ 05/ 06 by jd in Global News

“Now Japan faces its very worst fear: flopping on the world stage.” In COVID-19 vaccinations, this “nation famed for first-world logistical competence is running dead last among the 37 members of the Organization for Economic Cooperation and Development…. This dismal performance isn’t just imperiling the Olympics — or the world’s third-biggest economy. It’s challenging basic notions about whether Japan can change at all.”


Atlanta Journal Constitution (December 2)

2020/ 12/ 04 by jd in Global News

“Teachers and students will have extra homework after the pandemic ends, as new findings show growth in math scores has fallen since last school year.” Reading may be “more or less intact” as parents are better able to assist at home during distance learning. Math however, is “suffering, with the worst performance at the elementary school level.” Since math is “taught in a sequential way, with concepts building upon concepts,” this weakened foundation could “undermine learning for years to come.”


The Street (December 1)

2020/ 12/ 02 by jd in Global News

To promote diversity and better governance, Nasdaq has proposed new rules that “would require companies to appoint at least two diverse directors on their boards or explain their rationale for not meeting that objective.” Before submitting its proposal to the SEC, Nasdaq analyzed over “two dozen studies that found an association between diverse boards and better financial performance and corporate governance.”


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