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How to think about your investments if you’re worried about market volatility
World

How to think about your investments if you’re worried about market volatility

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Investors have seen a rough start to 2022 with markets tumbling. In January the S&P 500 had its worst month since the start of the pandemic, dropping nearly 10% in a few weeks. While historically high inflation and the threat of pending Federal Reserve interest rate hikes have a lot to do with the market movements we've seen, any time our investments lose value is naturally a cause for concern. If you're worried about market volatility, you certainly aren't alone. There are, however, ways to reshape your thoughts around your investments so you...
Ahead of Olympics, Lower House issues toned-down resolution on ‘rights situation’ in China
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Ahead of Olympics, Lower House issues toned-down resolution on ‘rights situation’ in China

The House of Representatives on Tuesday adopted a resolution on the “serious human rights situation” in China, calling on Prime Minister Fumio Kishida’s administration to take steps to relieve the situation as the Beijing Winter Olympics get set to kick off. Japan has already announced it will not send a government delegation to the Games, following a U.S.-led diplomatic boycott over concerns about China’s human rights record, although Tokyo avoided explicitly labeling its move as such. Since taking office in October, Kishida has said on multiple occasions that Japan would not mince words with China when necessary, and in November he appointed former Defense Minister Gen Nakatani as an aide on human rights. The resolution, adopted by the Lower House — it will be sent to the Upper House ...
Stablecoins gain as bitcoin, ether fall after Russia invades Ukraine
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Stablecoins gain as bitcoin, ether fall after Russia invades Ukraine

NEW YORK: Stablecoins, which are virtual tokens pegged to traditional currencies such as the US dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks and bitcoin after Russia launched a full-scale invasion of Ukraine. Most stablecoins were slightly higher on the day. Their market capitalisation was up 0.3 per cent at US$182.5 billion, according to cryptocurrency data tracker coinmarketcap.com. Its daily trading volume, though, surged 75 per cent to US$108.1 billion. In contrast, both bitcoin and ether dropped to one-month lows. Bitcoin was last down 3.1 per cent at US$36,121, while ether slid 4.1 per cent to US$2,475, following Russia's invasion. Ukrainian forces battled Russian invaders around nearly all of the country's perimeter on Thursday after Mos...
Myanmar junta urges ASEAN envoy not to engage with coup opponents
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Myanmar junta urges ASEAN envoy not to engage with coup opponents

Myanmar’s military government has criticized calls for the Association of Southeast Asian Nations’ special envoy to the conflict-torn country to meet bodies that oppose last year’s coup, which the junta has declared as “terrorist” groups. With little sign of the junta implementing a five-point peace plan agreed upon with ASEAN last year, which included an immediate end to hostilities and letting a special envoy facilitate dialogue, growing divisions have emerged in the 10-member bloc over how to restore stability. After last Thursday’s ASEAN foreign ministers meeting, Indonesia said it was crucial for the envoy to meet all parties in the conflict, with Malaysia calling for talks with the National Unity Government (NUG), a group made up of members of the ousted administration and other ju...
Celtic reap rewards of Japanese market on and off the pitch
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Celtic reap rewards of Japanese market on and off the pitch

Celtic and Rangers will renew their rivalry on Wednesday in a crucial battle for supremacy in the Scottish Premiership with a new legion of fans set to rise at the crack of dawn to tune in from Japan. The Hoops have already claimed the first silverware of the Scottish season, lifting the League Cup in December thanks to two goals from Kyogo Furuhashi. Furuhashi's 16 goals in 26 games since he joined Celtic boss Ange Postecoglou in swapping the J. League for Scotland has made the Japanese international an instant hero and tempted Celtic to dip into the Far East market again. New Year celebrations for fans in Glasgow started early when the club announced the signings of Reo Hatate, Yosuke Ideguchi and Daizen Maeda on Dec. 31. Hatate and Maeda have already made an impact, scoring in wins ...
Cramer’s week ahead: This is a treacherous market filled with extreme stock moves
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Cramer’s week ahead: This is a treacherous market filled with extreme stock moves

CNBC's Jim Cramer on Friday offered viewers his game plan for the next five trading days on Wall Street. The "Mad Money" host's lookahead came after the S&P 500 and Nasdaq Composite posted their best weeks so far in 2022, finishing 1.5% and 2.4% higher, respectively. "This week we saw the true colors of what is a treacherous market," the "Mad Money" host said. If investors love a stock, there's "no level it won't be taken up to," he said. "But if it's hated? There are no depths it won't sink to. Either way ... it's likely to be an extreme." All revenue and earnings per share estimates are from FactSet. Monday: Tyson Foods, Two-Take Interactive and Simon Property Group Tyson Foods Q1 earnings release before the bell; conference call at 9 a.m. ET Projected EPS: $1.93 Projected revenue: $...
Lithuanian railways halts transport of Belarus potash
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Lithuanian railways halts transport of Belarus potash

VILNIUS: The board of state-owned Lithuanian Railways on Monday voted to stop transporting potash produced by Belarus state-owned potash producer Belaruskali unless it gets government approval to resume, the rail company said in a statement. Belaruskali, the world's second-largest producer of the crop fertiliser which is a big cash earner for Belarus, was sanctioned by the United States last August, a year after a crackdown following a disputed presidential election which President Alexander Lukashenko said he won. The ban on potash sales took effect on Dec 8 after a four-month wind-down period, but the transport of Belarus potash has continued via Lithuania. This caused a public outcry in Lithuania, a US ally and one of Europe's most vocal critics of human rights abuses in Belarus. Ea...
Global gas rally to kickstart long-stalled US LNG projects
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Global gas rally to kickstart long-stalled US LNG projects

HOUSTON : High global natural gas prices are breaking a two-year logjam of new U.S. liquefied natural gas (LNG) projects with at least three of the multibillion-dollar proposals likely achieving enough supply contracts to start construction this year, said developers and industry experts. A Louisiana project that received a green light in 2019 was the last wholly new U.S. plant to receive a go-ahead, benefiting from then-strong demand from China and utilities swapping to LNG from coal. A dozen others were stalled, first by the China-U.S. trade war and then by the COVID-19 pandemic and environmental concerns. But super-hot demand for the fuel in northern Europe and China have pushed global gas prices to near record highs, reviving financing prospects for plants that chill natural gas into...
How a Russia-Ukraine conflict might hit global markets
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How a Russia-Ukraine conflict might hit global markets

LONDON : A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region's sovereign dollar bonds to safe-haven assets and stock markets. Below are five charts showing where a potential escalation of tensions could be felt across global markets: 1/SAFE HAVENS A major risk event usually sees investors rushing back to bonds, generally seen as the safest assets, and this time may not be different, even if a Russian invasion of Ukraine risks further fanning oil prices - and therefore inflation. Inflation at multi-decade highs and impending interest rate rises have made for a tetchy start to the year for bond markets, with U.S. 10-year rates still hovering close to the key 2per cent level and German 10-year yields ...
India, UAE eye $100 billion in annual trade after signing trade pact
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India, UAE eye $100 billion in annual trade after signing trade pact

NEW DELHI/DUBAI :India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on each other's goods and aims to increase annual trade between the two nations to $100 billion within five years. The virtual signing ceremony marks the first trade deal sealed by the Gulf state since it began pursuing such pacts last September in a bid to strengthen its status as a business hub. Piyush Goyal, India's commerce minister, told reporters the deal could create more than a million jobs for India in the next few years, particularly in labour intensive sectors such as the auto industry, plastics, leather and engineering. Earlier, India's Prime Minister Narendra Modi and UAE de facto ruler Sheikh Mohamed bin Zayed Al Nahyan witnessed the s...