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Funds News Headlines

UPDATE 1-U.S. bond funds, tech stocks attract huge inflows -Lipper

U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a rate-hiking cycle, Lipper data showed on Thursday. Even in a week with big inflows for technology stocks, U.S. fund investors continue to favor debt over equity. The Federal Reserve on Wed


North Korea may consider H-bomb test in Pacific, Kim calls Trump 'deranged'

SEOUL/NEW YORK North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after U.S. President Donald Trump vowed to destroy the reclusive country, with leader Kim Jong Un promising to make a "mentally deranged" Trump pay dearly for his threats. | Video