By SIMON CONSTABLE
China wants to say good-bye to smoggy cities and toxic waste. And it seems to mean business this time, as they are bringing in western energy experts to help make sure they achieve it. Read more here.
By SIMON CONSTABLE
It’s time for British savers and investors to watch out.
The Bank of England, the U.K.’s central bank, is now testing the waters for possible negative interest rates.
If that happens, it would be a financial war on hardworking savers in Britain and at the same time likely hurt the economy. Read more here.
By SIMON CONSTABLE
Veteran investor Charlie Munger once quipped, “Show me the incentive, and I'll show you the outcome.” Put simply, what metrics an employer uses to determine performance pay will likely have a profound effect on the way employees behave. In turn, that impacts how companies perform. Read more here.
By SIMON CONSTABLE
Why would anyone want to buy a bond with a negative yield?
It’s a good question especially given that experts estimate that there are almost $16 trillion of bonds in the world that have negative yields. That’s a lot of securities that investors have purchased knowing that they’ll get back less money than they invested. It means that a one-year bond with a face value of $1,000 that yields minus 1% will leave the investor with $990 when the bond matures. Read more here.
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